The supposed disruptive and transformational potential of blockchain or distributed ledger technology (DLT) has received widespread attention in the media, from legislators, as well as from academics across disciplines, including law, over the past few years. While much of this attention...

The increase in corporate mobility and choice of law within the EU has dominated much of the academic writing in European company law over the last two decades. One aspect that has not yet been appreciated in the debate relates to the way in which national company law interacts with and depends...

The mandatory bid rule has its origins in the UK and now applies throughout the EU and in many other jurisdictions. Under a mandatory bid, an acquirer of a controlling stake in a listed company has to offer to the remaining shareholders a buy‐out of their minority stakes at a price equal to...

The Eurozone banking and sovereign debt crisis has brought the fragility of European monetary union into sharp focus and exposed the lack of effective instruments at the European level to maintain financial stability. The policy responses of the European and national institutions included an...

This article compares the legal frameworks for corporate reincorporations of all EU Member States, relying on a Study prepared by the authors for the European Commission and accompanied by detailed national reports. It is shown that, despite recent decisions of the Court of Justice that...

We investigate the hypothesis that shareholder empowerment may have led to more bank bailouts during the recent financial crisis. To test this hypothesis, we propose a management insulation index based on banks’ charter and by-law provisions and on the provisions of the applicable state...

This article examines the effect by imposing higher board independence requirement on private benefit extraction by corporate management or controlling shareholders in Hong Kong and Singapore, which are both international financial centers transplanting the Anglo-American corporate governance...

In 2015, the ASEAN Economic Community was formally established and its aim was to achieve, among other things, an integrated securities market within ASEAN. Prior to the formal establishment of the ASEAN Economic Community, in 2009, with a view towards achieving the objective of securities...

Many jurisdictions around the world, including Asia, have corporate governance codes largely based on the transnational code drafted by the Organisation for Economic Cooperation and Development (OECD). The core ideas underpinning the OECD's principles of corporate governance are board...