Protecting societal interests in corporate takeovers
Market failures may be caused by takeovers and affect not only the interests of corporate stakeholders, but also legally recognized public interest considerations and other societal interests.
A comparative analysis of the regulatory framework in the U.K., Germany and China
The thesis found that under the current regulatory framework of takeovers in the U.K., Germany and China, public laws (competition law and FDI screening laws) recognize and protect certain public interest considerations in takeovers, of which the national security interest is most important. Private laws (takeover law and corporate law) and national corporate governance codes in the three jurisdictions mainly protect the interests of corporate stakeholders (primarily target shareholders) while other societal interests are largely overlooked.
Based on the strengths and weaknesses of the current regulatory frameworks in the three jurisdictions, some recommendations in the field of takeover regulation were provided by the thesis for future reforms.
Click here for the full dissertation.
Click here for the live stream.
PhD thesis written by Huizi Ai
Also read
-
Paula Roldán Barraza will join METRO as a PhD researcher. She will be based both at SBE and at LAW and will be supervised by Iwan Bos (SBE), Niels Philipsen (METRO) and Kalpana Tyagi (IGIR).
-
Professor Andrea Ott successfully applied for a a Jean Monnet Centre of Excellence on Crises and Emergencies in EU Integration (EmergEU) in July 2024. In the upcoming three years, the centre will explore crises and emergencies in EU integration.
-
PhD thesis written by Francesco Maletto
This research examined whether the legal framework currently governing this kind of marine pollution is adequate and effective in addressing the issue.