Description:Substantial changes are taking place in the European financial market. This is partly due to developments in the markets (including the financial crisis of recent years), and partly due to the changes in the regulatory agenda of the EU which involves review of several core directives and which also has resulted in two green papers on corporate governance and the report from the Reflection Group. The aim of this book is twofold. First, to describe and analyse some of the most important changes that have emerged in Europe in recent years, and second, analyse whether more regulatory changes are being called for. Focusing on three themes takeovers, shareholder democracy, and the reshaping of the framework for the European financial market in this milestone volume 22 European academics, practitioners, and policymakers describe and analyse the most important recent changes and emerging trends in the market, its regulation, and its relation to corporate governance and company law. Among the issues treated in depth are the following: the need for a reform of the Takeover Directive; disclosure of cash-settled derivatives; disclosure by companies of information on barriers to takeovers;; the efficiency of the comply and explain principle; the enhanced focus on sustainable returns and long-term performance in the Green Paper from 2011; the costs of shareholder activism; winning coalitions versus ownership concentration; legal proceedings brought by shareholders against companies; the principle of shareholder primacy in company law; engaging institutional investors in decision-making processes; shareholder opportunism; hidden ownership and empty voting as a corporate governance challenge; the handling of systemic risk; regulation of the alternative fund industry; balance among fund governance, market governance, and stakeholder governance; the fragmentation of trading venues; and; pre-IPO trading of shares on private secondary markets."We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The European Financial Market in Transition. To get started finding The European Financial Market in Transition, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Description: Substantial changes are taking place in the European financial market. This is partly due to developments in the markets (including the financial crisis of recent years), and partly due to the changes in the regulatory agenda of the EU which involves review of several core directives and which also has resulted in two green papers on corporate governance and the report from the Reflection Group. The aim of this book is twofold. First, to describe and analyse some of the most important changes that have emerged in Europe in recent years, and second, analyse whether more regulatory changes are being called for. Focusing on three themes takeovers, shareholder democracy, and the reshaping of the framework for the European financial market in this milestone volume 22 European academics, practitioners, and policymakers describe and analyse the most important recent changes and emerging trends in the market, its regulation, and its relation to corporate governance and company law. Among the issues treated in depth are the following: the need for a reform of the Takeover Directive; disclosure of cash-settled derivatives; disclosure by companies of information on barriers to takeovers;; the efficiency of the comply and explain principle; the enhanced focus on sustainable returns and long-term performance in the Green Paper from 2011; the costs of shareholder activism; winning coalitions versus ownership concentration; legal proceedings brought by shareholders against companies; the principle of shareholder primacy in company law; engaging institutional investors in decision-making processes; shareholder opportunism; hidden ownership and empty voting as a corporate governance challenge; the handling of systemic risk; regulation of the alternative fund industry; balance among fund governance, market governance, and stakeholder governance; the fragmentation of trading venues; and; pre-IPO trading of shares on private secondary markets."We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The European Financial Market in Transition. To get started finding The European Financial Market in Transition, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.