Empty Voting und Hidden (Morphable) Ownership : Die Entkopplung des Stimmrechts des Aktionärs einer börsennotierten Aktiengesellschaft von der wirtschaftlichen Betroffenheit.

»Empty Voting and Hidden (Morphable) Ownership«In this study, the author examines in detail the phenomena of empty voting and hidden (morphable) ownership. While the former describes the exercise of voting rights on a shareholders' meeting without (fully) bearing the economic risk usually attached to share ownership, the latter means taking on shareholder-like economic risks without having access to corresponding voting rights (in order to avoid any disclosure under the major shareholdings notification regime in preparation of a takeover of the target company).