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Corporate governance: who can actually decide to change management

General assembly, partners or shareholders have distinct powers to decide on a change of management depending on the legal structure of the company.

Published 16sem1 source
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The fact

In a public limited company, the ordinary or extraordinary general meeting concentrates this decision-making power, while in an SARL it is the meeting of partners.

The distinction between these governance bodies implies specific procedures and variable majority thresholds.

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Auto-synthesis from 1 media source · identified on April 17, 2026
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