The EC takeover directive can be - and has been - criticised on several levels, but the implementation in the Members States nevertheless has to go on. Of particular focus in the current discussion amongst Member State academics is the interpretation of the directive's Article 5 (1) and Article...

Corporate governance as a term encompasses the governance of companies and, as such, covers a broad area. The current mainstream corporate governance debate tends primarily to address the relationship between the company and the shareholders and, more specifically, the election, dismissal and...