| Tekijä: | Kocbek, M. |
| Otsikko: | Hibridni vrednostni papirji in osnovni kapital delniske druzbe |
| Lehti: | Podjetje in delo
1994 : VOL. 20:5-6, p. 532-545 |
| Asiasana: | |
| Vapaa asiasana: | joint stock company, property, capital, financing, securities, bonds, types, shareholding, profit, rights, legal aspect, Slovenia, legislation, symposia, Portoroz, 1994 |
| Kieli: | slv |
| Tiivistelmä: | The author discusses the issuance of hybrid securities that are not important only as the debtors' capital, but also as an instrument which can increase the capital stock of a joint stock company.The ZGD (The Law of Companies) makes it possible to increase by hybrid securities the capital stock in the framework of the institute of conditional increase of capital stock.In the paper individual kinds of hybrid securities are analyzed in detail, i.e. convertible debentures, debentures with shareholders' buying option, debentures of dividends, and special dividend right.Hybrid securities belong to the so called mixed securities, for the company acquires by them the so called debtors' capital which can - on the ground of realization of optional entitlement of the paper holder - be changed into ownership capital - shareholder's capital.As this causes issues of new shares of a joint stock company and/or additional and new shareholders in the company, the existing shareholders have priority right when registering these papers.The article analyzes foreign practice and comparative legal regulation.The author believes that it is necessary to derive from them also the interpretations and solutions in the new Slovenian legal regulation of companies in the new Slovenian legal regulation of companies. |
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