Client updates / Control Core

Companies without a Control Core – Draft Bills Calls for Changes

26 July 2023 / Hagit Ross, Barnea

The number of companies with a decentralized ownership structure, i.e., with no controlling shareholder, has been rising in recent years, as has their share of the capital traded on the Tel Aviv Stock Exchange. The recently proposed amendment to the Israeli Companies Law aims to revise the corporate governance regulations specifically applicable to such companies.

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Categories: Capital Markets | Corporate | Public companies

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Client updates / Control Core