Shareholders' Exit Reasons from Corporations with Focus on Joint Venture Companies

Document Type : Original Article

Authors

1 Associate Professor, Private Law Department,, Law and Political Science Faculty, University of Tehran

2 PhD candidate of law, University of Tehran, Tehran, Iran.

Abstract

Last four decades, the dangers of differences in the company's internal affairs and the political, economic and legal crises that have led to conflict have been seen as a threat to the operation of international trade companies. Because these are unpredictable and sudden, risk management before the start of any partnership, such as the insert of exit clause or restrictive clauses in the transfer of share is used as a comprehensive process by foreign investors. Since uncertainty and risk are an integral part of for Joint Venture Companies, Our goal from writing this article is awareness of this risk playing an important role in drafting contracts in a way that is responsive to problems during the life of the company. Therefore, in this article, we attempt to examine all the risks arising from the internal affairs of the company and the relations between partners and foreigners that are related to events outside the company, such as the economic, political and cultural situation of the host country.

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Main Subjects


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