Towards better corporate governance of publicly traded companies with no controlling shareholder(s) – The current situation in Israel and the outstanding bill

Legal Business

We are proud to have contributed our insights to a feature in Legal Business examining shareholder activism in publicly traded companies in Israel. While such companies  have typically been controlled by a single shareholder or a group of shareholders acting together, legislation and ongoing privatization of governmental companies have led to an increase in the number of publicly traded companies without a controlling shareholder/s.
In this exclusive piece, Eitan Shmueli, partner and head of our Capital Markets and Securities department, and Amir Zolty, head of the High-Tech practice, analyze the impact of the amendment to the Companies Law (Amendment No. 36) (Corporate Governance in Public Companies without a Controlling Shareholder) Bill, 2022.
Read the full article