Protecting Societal Interests in Corporate Takeovers : A Comparative Analysis of the Regulatory Framework in the U.K., Germany and China

Introduction.- Market Failures in Takeovers.- The Regulatory Framework of the U.K.- The Regulatory Framework of Germany.- The Regulatory Framework of China.- Comparison and Evaluation of the Regulatory Frameworks of the U.K., Germany and China.- Conclusion and Recommendations.

The book explores “what are the societal interests that may be affected by a takeover, are these protected under the current regulatory frameworks of the U.K., Germany, and China, (and if so) how are they protected and what recommendations can be made for future reforms in the three jurisdictions?” The book adopts three main methods: law and economics analysis, doctrinal legal research, and comparative analysis. The content of this book is intended not only for the academia; it may also benefit the policy makers by providing an evaluation on the strengths and weaknesses of different protection mechanisms and recommendations for future reforms. Besides, companies which are (potentially) interested in conducting takeovers in the three countries may also find this book useful with its overall analysis of the regulatory frameworks and representative takeover cases in the jurisdictions.