PERHAPS A GIFT VOUCHER FOR MUM?: MOTHER'S DAY

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Decoding the UK Hostile Takeover Regime

A Liberation of Shareholder Value or a Nuclear Threat Towards Corporate Governance?

Kyriakos Trigonis

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English
Eliva Press
26 February 2024
"Assessing the plausibility of the takeover's market efficiency theory, this paper advocates that the current regulatory framework of UK hostile takeovers confers an unfair advantage upon acquirers often at the detriment of the long-term performance of target companies. Driven by the ""sacred"" concept of shareholder value, the current legal framework has been structurally drafted upon false economic narratives which favor hands-off ownership, short-term myopic decision-making, and militate against investors engaging in the long-term strategy of the British plc. Thereby, sanctioning a financialized form of governance which undermines the importance of corporate stewardship by permitting acquirers to not only impinge upon the interests of target companies but to damage the wider industrial economy in the long-run. Illuminating a wide spanning regulatory vacuum, a fundamental re-investigation of the UK takeover regime is long overdue."

By:  
Imprint:   Eliva Press
Dimensions:   Height: 229mm,  Width: 152mm,  Spine: 4mm
Weight:   113g
ISBN:   9789999315739
ISBN 10:   9999315739
Pages:   76
Publication Date:  
Audience:   General/trade ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active

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