The Second Company Law Directive repealed the ban of financial assistance, allowing this kind of transactions to be carried out only under some strict conditions. All the same the financial assistance involves risk as discrimination between shareholders and in order to avoid it Article 23 of the Directive requires that financial assistance shall take place at "fair market conditions", that is (also) at a fair price of shares. The fair price is a condition for the transaction, fixed for acquiring both the shares from the shareholders' company and own shares.

Il "giusto" prezzo delle azioni nelle operazioni di assistenza finanziaria

GRIPPA, CIRA
2016-01-01

Abstract

The Second Company Law Directive repealed the ban of financial assistance, allowing this kind of transactions to be carried out only under some strict conditions. All the same the financial assistance involves risk as discrimination between shareholders and in order to avoid it Article 23 of the Directive requires that financial assistance shall take place at "fair market conditions", that is (also) at a fair price of shares. The fair price is a condition for the transaction, fixed for acquiring both the shares from the shareholders' company and own shares.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11586/199644
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact