The Conversion of Joint Stock Companies: A Comparative Study

Abstract

The conversion of a joint-stock company is one of the most important topics in the business law, in view of its implications for the company and all the interests associated with it, that is, partners and others, which resulted in surrounding it with a set of conditions that must be respected in order to provide adequate protection. Note that the study showed that the provisions regulating the process are characterized by some deficiencies and that there are loop holes that must be addressed in order to avoid the problems that may arise, among which is the failure to clarify the fate of holders of maturity bonds if they refuse to convert the society.