- Volume 9 Issue 12
Gold stock could include the U.K. in the European economy by the alternative plan of the problems that it was occurred while nationalizing industry and a company for economic recovery and national profit after the World War Ⅱ and it was wide and came to open in the country of European most. However, the negation was sentenced to it for the reason of the gold stock which the U.K. adopted in European many countries infringing "freedom of the capital movement" at a European court of law. However, I consider gold stock positively to protect it from hostile M&A of the company of the national strategy from the Middle East and an Asian national rich fund recently in France and Germany. If our country looks straight at reality, Urstatut or the agreement of the majority stockholder have a very strict matter assuming the protection of the existing shareholder and must be able to gain the favor if you look by the flow of such world economy.
Golden Shares;Privatization;Class Stock of Veto;Veto Power;General Interest
- Gower, principles of modern company law, 6th ed, Sweet & Maxwell, 2003.
- 김순석, "황금주(Golden Shares)제도에 관한 연구", 비교사법, 제16권, 제1호, 2009.3. 309-313면 참조.
- 歐洲裁判所における 黃金株 のEU法抵觸判決.
- Graham and Prosser, Privatizing Public Enterprises, Oxford : Clarendon Press, p.141, 1991.
- G. Cosmo and P. Tony, and S. Golden: Inderstrial Policy by Stealth?, Pub. L. pp.413-415, 1988.
- G. Cosmo and P. Tony, Privatizing public enterprises, Public Law, Oxford University Press, p.430, 1991.
- Company Act 1985, 제43조-제48조.
- Gower, principles of modern company law, 6th ed, Sweet & Maxwell, p.154, 1992.
- 허항진, "황금주제도에 대한 입법론적 소고" 기업법연구 제23권 제2호, p.100, 2009.
- 이형규, "상법개정안상 거부권부주식의 도입에 관한 검토", 상사법연구 제25권제4호, p.125, 2007.
- Grundmann/Moslein, "Die Goldene Aktie-Staatskontrollrechte in Europarecht und wirtsschaftspolitischer Wertung", ZGR, S.319, 2003.
- Case C-98/01, Commission v. United Kingdom, 2003 E.C.R. I-4641. para.16.
- Case C-483/99, Commission v. France, 2002 E.C.R. I-4781.
- Case C-483/99, Commission v. France, 2002 E.C.R. I-4781. paras. 50-51
- Case C-503/99, Commission v. Belgium, 2002 E.C.R. I-4809.
- Case C-503/99, Commission v. Belgium, 2002 E.C.R. I-4809. para. 52.
- 이상희, "황금주" 월간법제, pp.53-56, 2007(11).