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January 1, 2026Open Access

Relationship between the Freedom to Exercise Shareholders’ Rights and the Obligation to Act Loyally

Antun Bilić Sara Senjak

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Key Points

The research aims to analyze the conflict between shareholders’ rights and the obligation to act loyally within corporate governance.
Identify categories of shareholder decisions
Analyze implications of loyalty in business decisions
Examine changes to the social contract and member rights
Business decisions require loyalty from members to prioritize corporate interests
Changes to the social contract allow for personal interests without loyalty obligations
Members express personal interests in certain decisions, affecting corporate well-being

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Implication

Exploration of loyalty obligations and shareholder rights in corporate governance, suggesting a need for balance.

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Cite This Study

Bilić et al. (2026) studied this question.

synapsesocial.com/papers/69e1ce3b5cdc762e9d85745f https://doi.org/10.30925/zpfsr.47.1.15

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