Bibliographie sélective OHADA

This the sis is an in-depth comparative study and critical examination of several wide-ranging problems in the law of corporation finance of Britain and the principal jurisdictions of Canada and the United States of America. The problems examined include inadequate Capitalization, Stock-watering, Reduction of Capital, Purchase by a Corporation of its Shares, and Dividends. The the sis examines the trends and patterns in the different jurisdictions and appraises their merits and defects. The study concludes that the conceptual ambiguities and practical difficulties which abound in the laws of corporation finance are aggravated by the failure of the law to work out rational rules based on a clear and unifying policy for the raising and maintenance of capital. The necessity for such a policy is advocated in view of the inadequacy of the existing institutions and devices for the protection of the multifarious interests involved in corporate business enterprises.