🇹🇷Türk hukuk bağlamı arıyorsanız bu kavramın Türkçe versiyonu:Protective Provisions (Koruyucu Hükümler / Veto Hakları) →
Protective provisions give preferred investors a veto over a defined list of significant corporate actions — such as issuing senior stock, selling the company, changing the charter, taking on major debt, or altering the board’s size. They protect minority investors even when they lack a board or shareholder majority.
The scope of these provisions is a key negotiation: founders resist a list so broad it hampers ordinary operations, while investors seek protection against value-destroying or self-dealing moves. In Türkiye they are typically implemented through the articles of association and the shareholders’ agreement.