Its subject is to explore the change in the balance of power between shareholders and the board of directors.

However towards the last years of the company's operations disputes occurred between shareholders.

Clearly, there is a substantial community of interest between shareholders and employees.

But another factor is a fundamental shift over the last several years in the power dynamics between shareholders and management.

The case is just the most recent instance of conflict between major Russian companies and foreign shareholders.

And, in the end, this is how trust will be built between shareholders, chief executives and boards.

While measures for closer relations between auditors and shareholders are welcome, they may not provide the complete answer.

"It is a dispute between shareholders about who is the owner of the company."

Workouts take the battle between creditors and shareholders a step further.

However, in a few unusual cases, some courts have been willing to imply such a duty between shareholders.