This article examines key elements in the history, structure, and application of the legal framework offering protection to minority shareholders in Brazilian listed corporations. Section I examines the history of minority shareholders protection in Brazil. It does so in order to give context to...

In the last dozen years, economists have produced a considerable body of research suggesting that the historical origin of a country’s laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes. Much of this research has dealt with rules...

This paper argues that the key mechanisms protecting retail investors' financial stake in their portfolio investments are indirect. They do not rely on actions by the investors or by any private actor directly charged with looking after investors' interests. Rather, they are provided by the...

Mit Inkrafttreten von Art. 1 des Gesetzes zur Verbesserung des Anlegerschutzes (Anlegerschutzverbesserungsgesetz– AnSVG)1 am 30. Oktober 20042 hat das WpHG zahlreiche Änderungenerfahren. Die nachfolgenden Ausführung gehen anhand einiger ausgewählter Beispielder Frage nach, inwieweit die...

This paper makes a case for the future development of European corporate law throughregulatory competition rather than EC legislation. It is for the first time becoming legallypossible for firms within the EU to select the national company law that they wish togovern their activities. A...

Mass litigation, risk and losses, short and long term; Globalisation of mass litigation; Mass litigation game; Mass litigation development risk: Time dimension and interaction...

Die Aktiengesellschaft ist die klassische Rechtsform des Großunternehmens;sie ist als Rechtsinstitution speziell zum Zweck der Gründung und Leitung vonGroßunternehmen ausgebildet worden. Das gilt auch für die Formen ihrerFinanzierung (Aktiengesellschaft als „Kapitalsammelbecken“), und...