Based on an earlier discussion of 32 problem areas of economic law (Kluwer Law International, 2004), Karl M. Meessen develops a theory of economic law under the competition-of-systems paradigm in order to take a fresh look at its various components. (Published in German.)

Die Erschließung des japanischen Marktes ist für Neulinge häufig nur in Anlehnung an japanische Partner möglich. Die generelle Tendenz zur Internationalisierung der japanischen Wirtschaft hat die Möglichkeiten zur Zusammenarbeit für leistungsstarke deutsche Unternehmen verbessert. Zu den...

Individual responsibility, the counterpart of individual freedom, is a fundamental principle of our (private) legal order. The contributions in this volume discuss the general principle on an interdisciplinary scale and its relevance in current private law. (Published in German.)

The purpose of this volume is to remember the life and works of Hans Großmann-Doerth. In addition to introductory comments about his relationship to the Freiburg School, it contains the first comprehensive biographical portrayal as well as a systematic analysis of central questions. (Published...

Die Transformation Tschechiens galt bisher als Modell für die Einführung der Marktwirtschaft mit einer raschen Privatisierung und einem blühenden Kapitalmarkt. Fehlende und unzureichende Gesetze enthielten jedoch zahlreiche Schlupflöcher für Wirtschaftskriminalität und korrumpierten die...

Due to judicial decisions the stock market prices are deemed to be the lower value limit in determining the compensations within structural measures according to German stock corporation law (e.g. squeeze-out of minority stockholders). By applying other valuation methods, in particular the...

This article reviews Germany's corporate governance system and the effectiveness of recent reforms. Since the early 1990s far-reaching reforms have complemented the traditional stakeholder system with important elements of the shareholder system. Instead of taking a view on the superiority of...