dc.contributor.author | Thomas, Randall S., 1955- | |
dc.contributor.author | Cox, James D., 1943- | |
dc.date.accessioned | 2018-02-07T20:06:15Z | |
dc.date.available | 2018-02-07T20:06:15Z | |
dc.date.issued | 2009 | |
dc.identifier.citation | 6 ECFLR 348 (2009) | en_US |
dc.identifier.uri | http://hdl.handle.net/1803/8783 | |
dc.description | article published in financial law review | en_US |
dc.description.abstract | Episodic and even sometimes systematic misbehavior by businessmen and
corporate entities is ubiquitous. While Enron and WorldCom were the battle
cries for corporate reform in the U.S. so it was with Ahold and Parmalat across
Europe. No country is free of concern that company officers will misbehave
thereby injuring investors, consumers and destroying shareholder value. Thus,
this symposium issue collects the recent experiences across Europe in
strengthening shareholder suits. Most recent legislative efforts in Europe,
and hence the comments in the symposium, are focused on the derivative suit.
Just as the American experience with class actions, reviewed separately in this
symposium,' is long and rich, it is also possible to draw upon the American
experience to emphasize the challenges law reform faces on both sides of the
Atlantic in energizing the derivative suit. The following addresses multiple
themes that pervade the various articles exploring the derivative suit in Europe
and hopefully provides a useful perspective drawn from the American
experience with derivative suits. | en_US |
dc.format.extent | 1PDF (12 pages) | en_US |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.publisher | European Company and Financial Law Review | en_US |
dc.subject.lcsh | Stockholders -- Legal status, laws, etc | en_US |
dc.subject.lcsh | Corporate governance | en_US |
dc.title | Common Challenges Facing Shareholder Suits in Europe and the United States | en_US |
dc.type | Article | en_US |