Great expectations.

Autor: Curtis, Mark, Roberts, Isabella, Cruse, Jeremy
Předmět:
Zdroj: International Financial Law Review; 2007 Global Rpt. Supplement, Vol. 26, p17-20, 4p, 1 Chart
Abstrakt: The article focuses on the factors that affected the implementation of the Takeovers Directive created by the European Union (EU), to create a level playing field for European takeover regulation. The Directive was implemented in 2006 and was a part of the EU's Financial Services Action Plan. It informs that the Directive was implemented after 14 long years of negotiation between member states and the EU institutions. It states the political and economic factors, that were responsible for the failure of the Directive in achieving its aims. It mentions that large number of cross border takeovers caused public pressure of not selling companies to foreign bidders. It discusses the impact of hedge funds, protectionism and non-interventionism in the implementation of the Directive.
Databáze: Complementary Index
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