Convergence in Shareholder Law (International Corporate Law and Financial Market Regulation)
by: Mathias M. Siems (Author)
Publisher: Cambridge University Press; 1st edition (20 Dec. 2007)
Language: English
Print length: 522 pages
ISBN-10: 0521876753
ISBN-13: 9780521876759
Book Description
On the one hand, it can be argued that the increasing economic and political interdependence of countries has led to the convergence of national legal systems. On the other hand, advocates of the counterhypothesis maintain that this development is both unrealistic and unnecessary. Mathias M. Siems examines the company law of the UK, the USA, Germany, France, Japan and China to see how this issue affects shareholder law. The author subsequently analyses economic and political factors which may or may not lead to convergence, and assesses the extent of this development. Convergence of Shareholder Law not only provides a thorough comparative legal analysis but also shows how company law interconnects with political forces and economic development and helps in evaluating whether harmonisation and shareholder protection should be enhanced.
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