One of the more significant debates in company law concerns the extent to which the interests of creditors should form a part of company law. In recent years, companies, courts and regulators have had to address this issue. Yet there is generally insufficient appreciation of the fact that...

A current securities regulation issue concerns the incorporation, by reference, of documents into prospectuses. The Australian federal government and the Australian Securities Commission have each advanced proposals dealing with this issue. The two proposals are outlined and then a series of...

This brief commentary was presented as part of a round table panel discussion on corporate law research methods and theory. The author outlines a theoretical shift in law and economics as it applies to corporate law. The theoretical shift is from the Berle and Means analysis of the corporation...

This is a revised version of a paper presented at the University of Connecticut. The theme of the conference was corporate groups and the conference was held in honor of Professor Philip Blumberg who is the author of the 7 volume treatise on the Law of Corporate Groups. The article is in four...

Employee share ownership (quot;ESOquot;) schemes have recently been the subject of public policy interest in Australia. Employees owning shares in the company for which they work potentially has a number of ramifications, not least of which is the prospect that these schemes might circumvent the...

The Task Force on Rebuilding Public Confidence in Financial Reporting was commissioned by the International Federation of Accountants (IFAC) to look at ways of restoring the credibility of financial reporting and corporate disclosure from an international perspective. It is this international...

Studies of share repurchases, or share buy-backs as they are referred to in Australia, have been an important part of financial research. In addition, there is increasing interest in the relationship between legal regulation and finance. In this Research Report, we combine these areas of...

This paper seeks to establish what form of management structure, ownership structure and financial characteristics are exhibited by firms that propose and subsequently adopt anti-takeover charter amendments (ATCAs) in Australia. An ATCA is a restriction of partial takeover activity implemented...