Shareholders' under the company law of the state of Kuwait: An evaluation of existing laws and proposals for reform

Al-Mutairi, Ahmad R.K (2002) Shareholders' under the company law of the state of Kuwait: An evaluation of existing laws and proposals for reform. PhD thesis, University of Glasgow.

Abstract

This thesis is an extensive study which concentrates on the shareholders' equity rights in joint stock companies under the Company Law of the State of Kuwait No. 15/1960. At the same time the thesis looks at the companies law of other counties, mainly at the UK Companies Act. The aim of examining foreign company laws is so that these might be used to improve company law in Kuwait. The main purpose of this thesis is to define the rights and role of shareholders. The thesis also attempts to identify the position, role and powers of the body of shareholders in joint stock companies by dedicating a chapter focusing on the topic of company theory. This study is divided into a number of chapters. The first chapter is an introductory chapter which concentrates on the legal system and the kinds of companies in Kuwait. The second chapter focuses on the theory of the company and nature of shareholders roles according to such a theory. The third chapter focuses on the definition of shares and shareholders in joint stock companies. The fourth chapter deals with shareholders financial rights. Chapter five is devoted to a discussion of shareholders' right to knowledge of what took place and is going on in the company and the board's duty to disclose all facts and details about the company's affairs. The sixth chapter concentrates on the auditors' role. The auditor acts on behalf of the shareholders to verify the credibility of the disclosed information and the validity and soundness of directors' acts. Chapter seven is concerned with shareholders' rights at the general meeting. Chapter eight deals with shareholders remedies. The thesis concludes with some proposals for reform of the Kuwait Company Law.

• Item Type: Thesis (PhD)
• Qualification Level: Doctoral
• Keywords: Law, Middle Eastern studies.
• Colleges/Schools: College of Social Sciences
• Supervisor's Name: Villiers, Ms Charlotte
• Date of Award: 2002
• Depositing User: Enlighten Team
• Unique ID: glathesis:2002-72121
• Copyright: Copyright of this thesis is held by the author.
• Date Deposited: 24 May 2019 15:11
• Last Modified: 17 Apr 2024 13:06
• Thesis DOI: 10.5525/gla.thesis.72121
• URI: https://theses.gla.ac.uk/id/eprint/72121