The European Commission launched, in April 2014, a new initiative to amend the shareholder rights directive as regards to the encouragement of long-term shareholder engagement. Under this heading, the Commission proposal intends to grant rights to shareholders concerning director remuneration...

This chapter contrasts the ‘contractual' and the ‘corporate' models of takeover or tender offer regulation. Under the former, the aim of the regulation is to preserve the takeover transaction as a straightforward contract between acquirer and target shareholders. Under the latter, whilst...