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Since the takeover of Cadbury Plc in 2010, there has been increased academic attention on investor short-termism during takeovers and whether the continued imposition of the board neutrality rule has made it easy to acquire UK companies. This paper contributes to this growing body of research by...
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Purpose – The purpose of this paper is to discuss the doctrine of ultra vires and its development over time, which is claimed to be one of gradual erosion.Design/Methodology/Approach – This paper discusses the doctrine of ultra vires and its development over time, which is claimed to be one...
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