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Since 2000, the OECD Guidelines for Multinational Enterprises (the Guidelines) have required OECD Members to establish national contact points (NCPs) to promote the effective implementation of the Guidelines. The aim of this article is to examine the role of the NCPs in implementing the...
Persistent link: https://www.econbiz.de/10014157674
The Commission has announced plans to take initiatives to recognise the concept of ‘group interest’. The intention is to facilitate the coordination of groups of companies in the EU, but to do this, a number of problems need to be addressed. These problems and their possible solutions are...
Persistent link: https://www.econbiz.de/10014100868
The rise of alternative trading systems has created a dual system, with heavily regulated exchanges on the one hand, and almost unregulated alternative trading systems on the other hand. The European Union has responded to this development by enacting Directive 2004/39/EC on markets in financial...
Persistent link: https://www.econbiz.de/10013120381
Persistent link: https://www.econbiz.de/10013100341
This article examines the current regulation of branches of foreign companies in Union law and in the laws of five Member States. First there is an examination of how the Member States regulate when foreign companies can and must register a branch, and it is shown that the lack of a definition...
Persistent link: https://www.econbiz.de/10013082112
The Market Abuse Directive comprises two very important instruments to make the securities markets function efficiently: a continuous disclosure obligation and a prohibition against insider dealing. The Directive is currently under reform and will be replaced by a Market Abuse Regulation....
Persistent link: https://www.econbiz.de/10013089254
alternative explanations. We study the influence of a local governance mechanism - the shareholder-based nomination committee …
Persistent link: https://www.econbiz.de/10013090071
Promoting entrepreneurship is high on the agenda both at European and national levels. This is reflected in a number of company law initiatives which have mainly been focused on creating easier and cheaper access to limited liability. However, the question is whether it is possible to promote...
Persistent link: https://www.econbiz.de/10013049158
Focusing on recent judgments from the Court of Justice of the European Union this article investigates how the notion of ‘restriction' – which is the first step in examining whether there is an infringement of the free movement rights – is used in cases involving company law measures....
Persistent link: https://www.econbiz.de/10013060019
The revised Shareholder Rights Directive from 2017 (the SRD II) imposed duties on institutional investors and asset managers in relation to their engagement with investee companies and disclosure hereof. These rules have now entered into force in Denmark and we have examined how Danish life...
Persistent link: https://www.econbiz.de/10014360252