Capital Markets and Company Law

This work investigates the relationship between company law, securities markets and securities regulation in order to try and determine whether listed companies should be treated differently by company law from other companies. The issues raise questions about corporate governance, the relative power of regulators and markets and more.

In Capital Markets and Company Law, the contributors attempt to investigate the relationship between company law, securities markets and securities regulation, or ''Capital Market Law''. This is an interdisciplinary project, involving scholars and practitioners of law and economics, policy makers, and corporate finance and management specialists from both sides of the Atlantic. It illustrates the increasing competitive pressure under which regulatory systems are developing, driven by market forces and regulatory competition. As markets are increasingly moulding the framework, the question arises to what extent a global regulatory system is being developed. European company law harmonization will increasingly have to take account of these market forces. These essays by prominent EU and US specialists in their fields offer an up-to-date and detailed analysis of a range of complex issues. Subjects include Corporate Governance and Shareholder Value, The Institutional Investor, He Corporate Governance Recommendations, and Harmonisation of company law.This volume is the natural sucessor to the 1999 ''Comparative Corporate Governance''. By the same editors, and featuring many of the same contributers, Capital Markets and Company Law Markets takes the subject to the next level.