Op werkdagen voor 23:00 besteld, morgen in huis Gratis verzending vanaf €20

Shareholder-driven Corporate Governance

Specificaties
Gebonden, 176 blz. | Engels
Oxford University Press | 1e druk, 2020
ISBN13: 9780190096533
Rubricering
Hoofdrubriek : Juridisch
Juridisch : Ondernemingsrecht
Jongbloed : Ondernemingsrecht
Oxford University Press 1e druk, 2020 9780190096533
Verwachte levertijd ongeveer 10 werkdagen

Samenvatting

How effectively can governing mechanisms forged before the surge of activist investment continue to protect shareholders and efficiently order capital markets? This is a pressing question for scholars and practitioners of corporate law, as well as for market participants generally. In order to illuminate the extent to which the growing trend of shareholder activism calls for a new understanding of the kind of shareholder-corporate relations the law should facilitate, this book introduces the concept of shareholder-driven corporate governance. This concept refers to the evident phenomenon of shareholder involvement in corporate governance and offers a normative endorsement of this development.

In order to secure the benefits of investors' increasing involvement in corporate affairs, regulatory regimes must grapple with a number of considerations. This book is based on the idea that shareholder corporate governance is a welcome development, but that it does not come without regulatory challenges. For one, it requires rejecting the idea that well-ordered capital markets can be achieved through corporate law which is subservient to private ordering. The mandatory character of, for example, securities regulation is vital to fostering shareholder involvement in corporate affairs. Defenders of shareholder corporate governance must also confront the matter of "wolf packs," or loosely formed bands of investors who defy existing regulatory categories but nonetheless exert collective influence. Regulation that is sensitive to both the inadequacies of past approaches to corporate-shareholder relations and the novel challenges posed by increasing shareholder activism will be able to harness activism, allowing capital markets to flourish.

Specificaties

ISBN13:9780190096533
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:176
Druk:1
Verschijningsdatum:24-1-2020
Hoofdrubriek:Ondernemingsrecht
ISSN:

Inhoudsopgave

Preface

Chapter 1: What is "Shareholder-driven Corporate Governance"?
Chapter 2: SCG and Corporate Law Theory
Chapter 3: Shareholder Democracy and Shareholder Activism
Chapter 4: Activism, Wolf Packs and SCG
Chapter 5: Multiple Voting Share Structures
Chapter 6: Shareholders and Takeover Bids: Revisiting the Poison Pill
Chapter 7: Policy Choices

List of Acronyms
References

Net verschenen

Rubrieken

Populaire producten

    Personen

      Trefwoorden

        Shareholder-driven Corporate Governance