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Empty Voting: Risikoentleerte Stimmrechtsausübung im Recht der börsennotierten Aktiengesellschaft

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The voting right is the central management right of stockholders. The conditions under which stockholders exercise their voting rights have changed substantially in recent years due to the expanded use of financial instruments and the appearance of new actors. This study comprehensively examines the problems resulting from this situation for publicly listed joint stock companies and discusses solutions, both de lege lata (as the law exists today) and de lege ferenda (with a view to future law).