TÜRK VE İNGİLİZ HUKUK SİSTEMLERİ ÇERÇEVESİNDE GENEL KURUL KARARLARININ İPTALİ DAVASININ HUKUKİ, EKONOMİK VE YAPISAL ÖZELLİKLERİNİN KARŞILAŞTIRMALI ANALİZİ

Year 2023, , 493 - 533, 31.07.2023

Yavuz Selim Günay

https://doi.org/10.33432/ybuhukuk.1267056

Abstract

Anonim şirketlerde azlık pay sahiplerinin korunması ve genel kurul kararlarının iptali bakımından İngiliz ve Türk hukuk sistemleri farklı yaklaşımlara sahiptir. Bu farklılıkların tarih, ekonomi gibi önemli yapısal sebepleri olmakla birlikte hem şirketler hem de hukuk sistemleri bakımından önemli ekonomik ve hukuki sonuçlar doğurmaktadır. Türk ve İngiliz hukuk sistemleri arasındaki bu farklılıkların anlaşılabilmesi için bu kurumlara ilişkin hukuki analizin yanı sıra ekonomik ve kültürel analizin de gerçekleşleştirilmesi gerekmektedir. Genel kurul kararlarının iptali bakımından Türk hukuku ile İngiliz hukuku arasındaki farklılıkların temel sebebi olarak bu ülkelerde kurulmuş olan şirketlerin pay sahipliği yapısı ön plana çıkmaktadır. İngiliz hukukunda tarihsel olarak yer alan azlığın sözleşmesel yöntemlerle korunması ile ilgili hukuki kurumlar ve pay sahipliğinin hukuki niteliğine ilişkin olarak her iki hukuk sistemi arasındaki yaklaşım farkı ise ön plana çıkan diğer bir sebeptir. Genel kurul kararlarının iptali davaları bakımından her iki hukuk sistemi arasındaki farkların hukuki ve ekonomik etkinlik analizlerinin gerçekleştirilmesi de önem arz etmektedir. İngiliz hukuk sisteminin genel kurul iptâli davalarının neticeleri bakımından ekonomik olarak daha etkin olduğunu söylemek mümkündür. Bununla birlikte, içerdiği belirsizlikler ve karmaşıklıklar dolayısıyla İngiliz hukuk sistemi genel kurul kararlarının iptâli davalarının hukuki etkinliği bakımından daha az etkin olarak nitelendirilebilecektir.

Keywords

Genel Kurul Kararı, Azlığın Korunması, Menfaat Çatışması, Pay Sahipliği Yapısı, Hissedarlık Davaları, Pay Sahipliği Hakları, Hukukun Ekonomik Analizi

A Comparative Legal, Economic and Structural Analysis of Challenging Shareholders’ Resolutions Under Turkish and English Legal Systems

Abstract

English law system and Turkish law systems have different approaches to protection of shareholders and challenging shareholder resolutions. These differences have important historical, economic background reasons and also economic and legal outcomes. In order to understand reasons for these differences an economic as well as a legal and cultural analysis should be conducted. Difference in the corporate ownership structures of these legal systems is the primary underlying reason; effective ex ante contractual minority protection mechanisms under English legal system is the second reason, and finally differences in legal nature of shareholder rights under these law systems is the third reason for the different approaches of these legal systems towards challenging shareholder resolutions. It is also important to analyze the legal and economic efficiency of the two legal systems in terms of challenging shareholders resolutions. Considering applicable legal institutions regarding challenging shareholders resolutions, it is possible to say that the English legal system is economically more efficient however due to the uncertainties and complexities involved, the English legal system can be characterized as legally less efficient.

Keywords

Shareholder’s Resolutions, Minority Protection, Agency Conflict, Corporate Ownership Structure, Shareholder Litigation, Economic Analysis of Law, Shareholder Rights

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