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Much has been said about the convergence of corporate governance and regulations. The underlying assumptions of this phenomenon are driven by globalisation and the dominance of the Anglo-US model of corporate governance. Since the Asian crisis in 1997, Hong Kong and perhaps to a less extend...
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In the post Global Financial Crisis economic order, having robust formal corporate rescue procedures maybe critical for a company facing financial distress, otherwise liquidation means a ‘lose-lose' proposition for both shareholders and creditors. Whilst the hold up for such legislation in...
Persistent link: https://www.econbiz.de/10013055865
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Competition law is generally enacted to control and influence certain business conduct deemed harmful to the smooth functioning of a competitive market. This is usually a by product of deregulation and opening up of markets to competition, as market forces alone might not be able to ensure...
Persistent link: https://www.econbiz.de/10014207041