Right to Access Company Records

Abstract

This research examines the "Shareholder's Right to Inspect Company Records" as a fundamental pillar of corporate governance and oversight within the Libyan and Egyptian legal frameworks. The study aims to clarify the nature of this right as an inherent entitlement that enables shareholders to evaluate the board of directors' performance and monitor their execution of assigned duties. It reviews the scope of information accessible to shareholders and the statutory periods for inspection prior to general assembly meetings, highlighting the role of regulatory authorities (such as the Capital Market Authority and the Investment Authority) in facilitating this right. Furthermore, the research addresses the legal penalties imposed for obstructing or denying inspection rights, while also investigating the challenges related to the accuracy of the information provided in these records and its legal implications.