Family firms and closed companies are the most widespread form of business organization in
Germany and Spain. As a field of comparative research however they have long been neglected.
This volume puts them in the legal limelight. Eleven contributions explore typical legal
problems with which courts legal scholars and practitioners struggle in this area. These
include majority minority conflicts over retention of profits executive compensation and other
related party transactions. Particular attention is also paid to shareholder agreements which
often contain a second layer of regulation in addition to the articles of association.