Fiduciary Duties of Shareholders in Joint Venture Companies

This material was first published by Thomson Reuters (Professional) UK Limited in Mohammad Rizal Salim, “Fiduciary Duties of Shareholders in Joint Venture Companies” [2007] I.C.C.L.R., Vol. 18 p.203 and is reproduced by agreement with the Publishers.

5 Pages Posted: 27 Aug 2009 Last revised: 20 Mar 2017

See all articles by Mohammad Rizal Salim

Mohammad Rizal Salim

Nottingham University Business School, Malaysia Campus

Date Written: 2007

Abstract

The joint venture company, or incorporated joint venture, is a common form of corporate entity in Malaysia, in part due to the Malaysian economic policy which sought to enhance bumiputera participation in the corporate economy. However, there is still a very small body of case law dealing with the duties of joint venturers, whether incorporated or unincorporated. This article examines Hartela Contractors Ltd v Hartecon JV Sdn Bhd in which fiduciary duties were imposed to joint venturers in a joint venture company.

Keywords: Fiduciary duties, directors, joint venture company, law, Malaysia

JEL Classification: K00, K20, K40

Suggested Citation

Salim, Mohammad Rizal, Fiduciary Duties of Shareholders in Joint Venture Companies (2007). This material was first published by Thomson Reuters (Professional) UK Limited in Mohammad Rizal Salim, “Fiduciary Duties of Shareholders in Joint Venture Companies” [2007] I.C.C.L.R., Vol. 18 p.203 and is reproduced by agreement with the Publishers., Available at SSRN: https://ssrn.com/abstract=1462872

Mohammad Rizal Salim (Contact Author)

Nottingham University Business School, Malaysia Campus ( email )

Nottingham University Business School
Jalan Broga
43500 Semenyih, Selangor 43500
Malaysia

HOME PAGE: http://www.nottingham.edu.my

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