Fundamentals of shares and share capital

Introduction Profit making ventures are usually registered as companies limited by shares or unlimited companies. A company is limited by shares when the liability of shareholders of the company is limited to the amount, if any, unpaid on the shares held by them. In the case of unlimited companies, the liability of the shareholders is…

How to enhance minority shareholder protection in Nigeria

Introduction The minority shareholder is one without controlling interest in a company. A direct consequence of the majority rule in corporate administration is the fact that the minority shareholders are at risk of exploitation by the majority. Thus, there is need to protect this group of shareholders in order that their interest in the corporation…