1.

Record Nr.

UNINA9910799963003321

Autore

Okanigbuan Francis, Jnr.

Titolo

Corporate takeover law and management discipline / / Francis Okanigbuan, Jnr

Pubbl/distr/stampa

Abingdon, Oxon ; ; New York, NY : , : Routledge, , 2020

©2020

ISBN

9781138600027

0-429-89578-X

0-429-47112-2

0-429-89579-8

Descrizione fisica

1 online resource (219 pages)

Collana

Routledge research in corporate law

Disciplina

346.4106626

Soggetti

Consolidation and merger of corporations - Law and legislation - Great Britain

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

General introduction -- The regulatory framework of institutions -- The theoretical framework of corporate takeovers -- Takeover regulation in the United Kingdom -- The regulatory framework for takeovers in the United States (Delaware) -- Management board : corporate governance and the market for corporate control MCC -- Complementary interests of shareholders and employees -- Judicial intervention in corporate acquisitions -- A new paradigm for takeover administration.

Sommario/riassunto

"This book examines the effectiveness of corporate takeovers. The dominant ideologies of corporate takeovers include synergistic gains and its managerial disciplinary role. These dominant themes are being undermined by the challenges of costly acquisitions. The UK Takeover Code is a regulatory response to the role of managers of target companies only. Also, the regulatory framework for takeovers in the United States is largely focused on target companies. The book demonstrates that managements can influence the role of takeovers, thereby undermining its synergistic and disciplinary values. Presenting an identification and evaluation of the limits of current regulatory and



judicial control over the role of management during takeovers in the UK and the US -Delaware, it will identify the relevance of institutional control as an effective mechanism for addressing the challenges of managerial influence over takeover functions. It will also identify how the role of managements can be addressed with the complementary benefit to shareholder and employee interests; thereby challenging the shareholder/ stakeholder primacy debate in corporate law, particularly in relation to takeovers. This book will be essential reading for scholars and students interested in the market for corporate control, corporate law and company law"--