The essay examines the special treatment which under Italian law is applied to listed companies having among their shareholders the Italian State or any of the Italian local public entities (Regions, municipalities); it also takes into consideration any specific rules concerning the holding of participations in listed Italian companies by foreign sovereign funds. It concludes that the special treatment awarded to the Italian public entities as shareholders of listed companies causes an unnecessary privilege for such shareholders.
Vanoni, S., Le società miste quotate in mercati regolamentati (dalla "Golden Share" ai fondi sovrani), in Ibba, C., Malaguti, M. C., Mazzoni, A. (ed.), Le società "pubbliche", Giappichelli Editore, Torino 2011: 187- 242 [http://hdl.handle.net/10807/63616]
Le società miste quotate in mercati regolamentati (dalla "Golden Share" ai fondi sovrani)
Vanoni, Silvia
2011
Abstract
The essay examines the special treatment which under Italian law is applied to listed companies having among their shareholders the Italian State or any of the Italian local public entities (Regions, municipalities); it also takes into consideration any specific rules concerning the holding of participations in listed Italian companies by foreign sovereign funds. It concludes that the special treatment awarded to the Italian public entities as shareholders of listed companies causes an unnecessary privilege for such shareholders.
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