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- W2259586005 abstract "Hostile takeovers are commonly thought to play a key role in rendering managers accountable to dispersed shareholders. Yet, surprisingly little attention has been paid to the very significant differences in takeover regulation between the two most prominent practitioners of hostile takeover, the United Kingdom and the United States. In the UK, defensive tactics by target managers are prohibited, whereas in the United States, Delaware law gives managers a good deal of room to maneuver. We examine the evolution of the two regimes from a public choice perspective, and argue that the differences between the two countries is influenced by differences in the mode of regulation - that is, by who it is that does the regulating." @default.
- W2259586005 created "2016-06-24" @default.
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- W2259586005 date "2007-11-02" @default.
- W2259586005 modified "2023-09-23" @default.
- W2259586005 title "The Divergence of U.S. and UK Takeover Regulation" @default.
- W2259586005 hasPublicationYear "2007" @default.
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