Standardisation techniques are used in a very broad range of financial transactions: technical standards, model contracts, codes of conduct, accounting rules, and even experiments with alternatives to European regulations. Especially in the financial services field, where mass production and...

An offeror initiates negotiations to acquire a target company. The parties sign an exclusivity agreement, restricting them from dealing with third parties for a specified period of time. They execute a term sheet, laying out the principle terms of the contemplated definitive agreement, yet...

The growth in numbers of, and of capital managed by, hedge funds as well as their activities have spurred a debate about regulation of hedge funds worldwide. In Germany, however, the discussion focused on the hedge funds' voting behavior and their investment strategies, which is due to the...

Since October 2004, the idea of a European Company, the Societas Europaea, has become reality and companies are allowed to incorporate in this legal form. Concerning corporate governance, the Statute allows the companies to choose between a two-tier organizational structure typical for Civil Law...

This paper discusses the twin questions of legal diversity and legal harmonization from the perspective of international financial integration, ie the internationalization of securities markets, banking markets, cross-border bank mergers and other types of direct investment in the financial...

The paper examines the corporate governance climate in Nigeria and critically inquires into external and internal standards that guide companies in the way they are governed. The external standards considered include the statutory standards found in the relevant provisions of the Companies and...

This paper analyses the role of the convergence of national corporate governance codes affecting listed public limited companies within the EU member states. It assesses this process against the need for protection of stakeholders and public interests. The first chapter looks to company...

This paper gives an international perspective all over Sarbanes-Oxley starting from the causes of this quot;Twisterquot; in the U.S. securities regulation with a strapping international impact. Every natural phenomenon such as a Twister raises out three important questions: 1) Why does it come?...

The U.S. and the E.U. are the two most important areas in terms of capital raising and securities trading, so together they constitute the quot;G-2quot; of the capital markets. Through informal leadership, the G-2 can help resolve some important regulatory issues between the U.S. and the E.U....