In corporate and transformational restructuring measures, exiting shareholders are entitled to a fair compensation for their loss of participation. Determining fair compensation poses practical challenges, sparking intense debates from legal frameworks to valuation theories.The suitability of stock prices as a method for determining owed compensation has been a recurring concern for the German Federal Constitutional Court (BVerfG). Sabrina Seitz assesses the suitability of stock prices as a valuation method, considering the purpose of fair compensation while focusing in particular on open market (Freiverkehr) prices.
