Varieties of Corporate Governance and Reflexive Takeover Regulation<sup>1</sup>

Andrew Johnston

in Company Law and Economic Protectionism

Published in print December 2010 | ISBN: 9780199591459
Published online May 2011 | e-ISBN: 9780191595578 | DOI:
Varieties of Corporate Governance and Reflexive Takeover Regulation1

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This chapter examines in greater detail the way in which the optionality provisions of the Takeover Directive accommodate different national varieties of corporate governance and capitalism. It briefly addresses the question of protectionism under the Directive before looking at the use of reflexive regulation in European directives more generally in order to accommodate national varieties of capitalism.

Keywords: Takeover Directive; corporate governance; capitalism; optionality; protectionism; reflexive regulation

Chapter.  7055 words. 

Subjects: Company and Commercial Law

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