Ordinary Shareholders' Rights Protection in Botswana

Abstract

This policy brief seeks to examine the institutional frameworks that exist in Botswana to protect the rights of ordinary shareholders. Findings reveal that , in Botswana, existing institutional frameworks are not adequate to protect ordinary shareholders' rights. Furthermore, the Choppies case study shows that the lack of adherence to corporate governance standards resulted in loss of wealth by shareholders. The brief suggests the existing institutional frameworks should be reviewed to ensure adequate protection of ordinary shareholders' rights.