Das Sonderrecht der Familiengesellschaften

In family-owned companies, it is imperative to preserve corporate property for the benefit of the family in question. Despite the high practical relevance of these companies, the question as to whether the applicable legislation satisfies this need has been scarcely addressed from an academic point of view. This thesis remedies this situation with regard to the compensation claim of a withdrawing shareholder and presents an alternative legal model with which the economic burdens of this claim can be limited to an acceptable level. In this respect, the thesis deals with the valuation basis of this claim and drafts a dogmatically and economically more appropriate valuation method for family companies. In addition, it examines the question of which limits are placed on the design of compensation regulations in articles of association and drafts a more appropriate regulation on the basis of supreme court rulings.