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English academics have belatedly awoken to the challenge to the law posed by the computer revolution that started in the late twentieth century. Inspired by American jurisprudence, technophile lawyers unfamiliar with the complexities of conceptualising property liberally propose to extend...
Persistent link: https://www.econbiz.de/10014263538
Cryptoassets, introduced in the wake of the Great Recession (2007-2009), have proven to be very divisive. Embraced by some as part of a revolutionary future, they are derided by others as the misconceived fever dream of naïve technologists who don’t understand how the real world works....
Persistent link: https://www.econbiz.de/10014265325
There are two main regulatory approaches in relation to private sale-of-control transactions. The ‘market rule' confers maximum freedom on a company's incumbent controller by enabling sale shares (hence control over the company) to any acquirer offering an acceptable price. This concept...
Persistent link: https://www.econbiz.de/10013116108
In December of 2018 a potentially transformative event occurred within UK corporate law and governance with the coming into force of the Revised Corporate Governance Code and its requirement that ‘the board should establish the company's purpose'. This article explores how the Code's...
Persistent link: https://www.econbiz.de/10012849687
How does corporate governance influence banks' resilience to crises? To address this question, we develop a measure of management entrenchment based on legal provisions. Unlike the existing alternatives, our measure considers the interactions between different provisions. We use this measure to...
Persistent link: https://www.econbiz.de/10012857171
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The liability regime of executive and non-executive directors in companies constitutes a necessary corollary to control issues within a company. It is based on the determination of specific duties, it establishes the limits of management behaviour and it provides stakeholders and third parties...
Persistent link: https://www.econbiz.de/10013218606
Corporate mobility and choice of law within the EU has dominated much of the academic writing in European company law over the last decades. What has not yet received much attention is the way in which national company law interacts with and depends on features of the national legal system...
Persistent link: https://www.econbiz.de/10013062383
Persistent link: https://www.econbiz.de/10012061355
Research in law, political science and economics has taken a strong interest in the way companies strategically incorporate in foreign jurisdictions. However, the empirical research about corporate mobility in the EU has so far been limited in two respects: it has focussed on the analysis of...
Persistent link: https://www.econbiz.de/10012950712