Critically analyse this statement showing good evidence of wider reading and clear evidence of a comparative study.

Shareholder protection mechanism against directors in two or more legal systems

All developed legal systems provide mechanisms designed to protect shareholders from possible abusive behaviours of directors. This has been evidenced by both formal and functional convergence of legal strategies within Company Law over the decades, which has improved shareholder protection against public company boards of directors.

Critically analyse this statement showing good evidence of wider reading and clear evidence of a comparative study.