Bolagsstyrning genom andra ägandeformer än aktier: Särskilt om företagsobligationer och lånekontrakt
Independent thesis Advanced level (professional degree), 20 credits / 30 HE creditsStudent thesis
Over the past years a new form of corporate governance has emerged. The traditional form of corporate governance is done by the stock holders or the board of the company. The new form has its origin in corporate bonds and the loan contract that comes with the loan. These contracts are very detailed and they contain numerous covenants, which inflict on the existing rights of corporate governance that the stock holders and the board have.
This essay will discuss and analyse the new form from a Swedish perspective. Is the Swedish regulation prohibiting the form of corporate governance that the loan contract entails. The essay consists of a brief history over corporate governance, followed by a brief exposé of different definitions of corporate governance. In the following chapters the essay presents different economy theories about corporate governance and how they describe different ways of corporate governance. The essay ends with an explanation of corporate bonds and the loan contracts and how the Swedish regulation may be affected.
The analysis has shown that even though there is nothing in the regulation that could prohibit the new form it is still discussable if is the right way and could be considered to be a real form of corporate governance. It is also questionable if this is a common way in Sweden and the essay has not found any proof of that.
Place, publisher, year, edition, pages
2016. , 48 p.
Law (excluding Law and Society)
IdentifiersURN: urn:nbn:se:uu:diva-295694OAI: oai:DiVA.org:uu-295694DiVA: diva2:934446
Stattin, David, Professor
Svernlöv, Carl, Adj. professor