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...

The paper examines challenges in effectively implementing the lender-of-last-resort function in the EUsingle financial market. Briefly highlighted are features of the EU financial landscape that could increaseEU systemic financial risk. Briefly described are the complexities of the EU’s...

After the introduction of the euro in 1999, the debate on the financial stabilityarchitecture in the EU focused on the adequacy of a decentralised setting based onnational responsibilities for preventing and managing crises. The Financial ServicesAction Plan in 1999 and the introduction of the...

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...