Matches in SemOpenAlex for { <https://semopenalex.org/work/W4377994300> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W4377994300 endingPage "58" @default.
- W4377994300 startingPage "25" @default.
- W4377994300 abstract "It is commonly believed that the Mandatory Bid Rule is necessary to ensure the protection of minority shareholders, and that the inefficiency it causes is the price we must pay for fairness. In this paper, we challenge that belief. We suggest that efficiency and fairness are not competing notions – instead, in the Indian market for corporate control, an efficient regulatory regime is most likely to lead to fair outcomes. To make this point, we demonstrate that the protection the MBR grants is inherently less valuable in India than in the UK, where it originates, since takeovers in India are seller-driven and are therefore, prima facie likely to be good for the company. In this background, we empirically evaluate the takeovers that occurred between October 2015 and February 2022 to demonstrate that minority shareholders neither really need, nor particularly want the protection of the MBR. In fact, both they and every other stakeholder would likely be better off without it. However, recognising the inertia built into the regulatory framework, and the players it governs, we propose a temporary system where the MBR would not apply by default, but companies can nonetheless choose to have it be applicable to them. It is our hope that such a transitory regime will generate further evidence on the comparative fairness and efficiency outcomes of each system, allowing both companies and policymakers to make better decisions thereafter." @default.
- W4377994300 created "2023-05-25" @default.
- W4377994300 creator A5001518831 @default.
- W4377994300 creator A5079638867 @default.
- W4377994300 creator A5089912109 @default.
- W4377994300 date "2022-01-01" @default.
- W4377994300 modified "2023-10-04" @default.
- W4377994300 title "FAIRNESS THROUGH EFFICIENCY: THE CASE FOR A NONMANDATORY MANDATORY BID RULE Y BID RULE" @default.
- W4377994300 doi "https://doi.org/10.55496/hqfw2372" @default.
- W4377994300 hasPublicationYear "2022" @default.
- W4377994300 type Work @default.
- W4377994300 citedByCount "0" @default.
- W4377994300 crossrefType "journal-article" @default.
- W4377994300 hasAuthorship W4377994300A5001518831 @default.
- W4377994300 hasAuthorship W4377994300A5079638867 @default.
- W4377994300 hasAuthorship W4377994300A5089912109 @default.
- W4377994300 hasBestOaLocation W43779943001 @default.
- W4377994300 hasConcept C10138342 @default.
- W4377994300 hasConcept C120757647 @default.
- W4377994300 hasConcept C144133560 @default.
- W4377994300 hasConcept C159717818 @default.
- W4377994300 hasConcept C162324750 @default.
- W4377994300 hasConcept C175444787 @default.
- W4377994300 hasConcept C17744445 @default.
- W4377994300 hasConcept C187736073 @default.
- W4377994300 hasConcept C190253527 @default.
- W4377994300 hasConcept C199539241 @default.
- W4377994300 hasConcept C201305675 @default.
- W4377994300 hasConcept C2776662940 @default.
- W4377994300 hasConcept C2776847301 @default.
- W4377994300 hasConcept C2778869765 @default.
- W4377994300 hasConcept C39389867 @default.
- W4377994300 hasConcept C94625758 @default.
- W4377994300 hasConceptScore W4377994300C10138342 @default.
- W4377994300 hasConceptScore W4377994300C120757647 @default.
- W4377994300 hasConceptScore W4377994300C144133560 @default.
- W4377994300 hasConceptScore W4377994300C159717818 @default.
- W4377994300 hasConceptScore W4377994300C162324750 @default.
- W4377994300 hasConceptScore W4377994300C175444787 @default.
- W4377994300 hasConceptScore W4377994300C17744445 @default.
- W4377994300 hasConceptScore W4377994300C187736073 @default.
- W4377994300 hasConceptScore W4377994300C190253527 @default.
- W4377994300 hasConceptScore W4377994300C199539241 @default.
- W4377994300 hasConceptScore W4377994300C201305675 @default.
- W4377994300 hasConceptScore W4377994300C2776662940 @default.
- W4377994300 hasConceptScore W4377994300C2776847301 @default.
- W4377994300 hasConceptScore W4377994300C2778869765 @default.
- W4377994300 hasConceptScore W4377994300C39389867 @default.
- W4377994300 hasConceptScore W4377994300C94625758 @default.
- W4377994300 hasIssue "1" @default.
- W4377994300 hasLocation W43779943001 @default.
- W4377994300 hasOpenAccess W4377994300 @default.
- W4377994300 hasPrimaryLocation W43779943001 @default.
- W4377994300 hasRelatedWork W2011513653 @default.
- W4377994300 hasRelatedWork W2070568149 @default.
- W4377994300 hasRelatedWork W2151199639 @default.
- W4377994300 hasRelatedWork W2160848655 @default.
- W4377994300 hasRelatedWork W2208086271 @default.
- W4377994300 hasRelatedWork W2725092374 @default.
- W4377994300 hasRelatedWork W2801240349 @default.
- W4377994300 hasRelatedWork W3041239337 @default.
- W4377994300 hasRelatedWork W3123210672 @default.
- W4377994300 hasRelatedWork W4283810550 @default.
- W4377994300 hasVolume "34" @default.
- W4377994300 isParatext "false" @default.
- W4377994300 isRetracted "false" @default.
- W4377994300 workType "article" @default.