Showing 1 - 10 of 48
In this paper, we investigate whether reform of EU company law is needed to make corporate governance more sustainable through an analysis of some of the key questions found in the European Commission's questionnaire in its public consultation on sustainable corporate governance. We also...
Persistent link: https://www.econbiz.de/10013228125
Building a common EU framework for sustainable finance undoubtedly implies the integration of sound and sustainable processes and skills across the whole structure and governance of financial institutions. Consequently, a new financial paradigm is going to be needed, which will require the...
Persistent link: https://www.econbiz.de/10012846427
The collaborative development of the electricity and carbon markets can reduce transaction costs, stimulate energy conservation and emission reductions, and accelerate the social transition to low carbon. In this paper, we present a comprehensive review of the current state and policy challenges...
Persistent link: https://www.econbiz.de/10014635205
The European Commission points out that we are increasingly faced with the catastrophic and unpredictable consequences of climate change and resource depletion. The Commission claims that current levels of investment are not sufficient to support an environmentally-sustainable economic system...
Persistent link: https://www.econbiz.de/10012909764
This paper analyses the regulatory framework which applies to the determination of directors' remuneration in Europe and the extent to which European firms follow best practices in corporate governance in this area, drawing on an empirical analysis of the governance systems which European firms...
Persistent link: https://www.econbiz.de/10013158967
In this paper, I tackle the question whether one share - one vote should become a European law rule. I examine, first of all, the economic theory concerning one share - one vote and its optimality, and the law and economics literature on dual class recapitalizations and other deviations from one...
Persistent link: https://www.econbiz.de/10012734741
In this paper we argue that, as market mechanisms have worked acceptably well and there has been no investor protection crisis, ICOs and IEOs have so far failed to offer arguments in favour of a mandatory prospectus-like regime. Investors in the blockchain space know where to get information and...
Persistent link: https://www.econbiz.de/10014351795
This paper presents a simple model of takeover regulation in a federal system. The theory has two parts. First, the model predicts that the rules applicable at more general political levels will be more favorable to takeover bids than will the rules applicable at local levels. The reason is that...
Persistent link: https://www.econbiz.de/10014201868
Currently, the Council of the European Union is negotiating the European Commission's recent proposal on cross-border mobility. This paper provides an overall assessment based on the proposal's central pillars: freedom of establishment and protection of the interests of creditors, shareholders,...
Persistent link: https://www.econbiz.de/10012897986
This paper analyses the regulatory framework which applies to the determination of directors’remuneration in Europe and examines the extent to which European firms follow best practices incorporate governance in this area, drawing on an empirical analysis of the governance systems thatEuropean...
Persistent link: https://www.econbiz.de/10005869555