Legal Regulation and Public Policy
Chapter 7: Overview and the future of the share
This concluding chapter ties up a number of pervasive themes. It shows how the position of shareholders and the regulation of shares has changed over the past 150 years. For example, the march of dematerialisation is highlighted. The implications of new technology are investigated. The problem of shareholder apathy is addressed. Policy issues such as the treatment of stakeholders and state involvement in share ownership are considered. Looking to the future, the potential role that shares may play is looked into. The potential consequences of Brexit are noted. The untapped potential of the share is considered. The chapter concludes by noting that limited liability is firmly entrenched but that the share must evolve if it is to survive.
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