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In this Chapter, we examine the new rules concerning the internalisation of trading orders by investment intermediaries included in the Directive on Markets in Financial Instruments (MiFID). We analyse, first of all, the interplay amongst different interest groups in the legislative process that...
Persistent link: https://www.econbiz.de/10012779630
This paper analyses the regulatory framework which applies to the determination of directors’remuneration in Europe and examines the extent to which European firms follow best practices incorporate governance in this area, drawing on an empirical analysis of the governance systems thatEuropean...
Persistent link: https://www.econbiz.de/10005869555
In this paper, I tackle the question whether "one share - one vote" should become a European law rule. I examine, first of all the economic theory concerning one share - one vote and its optimality, and the law and economics literature on dual class recapitalizations and other deviations from...
Persistent link: https://www.econbiz.de/10005870041