Directors of listed joint stock companies between conflict of interest and obligation to abstain. What solutions?

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In order to ensure adequate protection of both the interests of the company and shareholders and provide clarifications on the management of conflicts of interest of directors of listed joint stock companies, Consob has published a document that establishes an obligation for the “directors involved in the transaction” to abstain from voting on the related resolution, in addition to the disclosure obligation under the civil code. Will such forced protection be able to fill gaps and correct anomalies that have emerged in practice?

Fonte: IPSOA – Informazione quotidiana su fisco, lavoro e pensioni, bilancio, gestione d’impresa e finanziamenti.

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