THE NEED FOR DIRECT STATE REGULATION IN THE CONTEXT OF THE âTAKEOVER CODEâ FOR CORPORATE CONTROL IN THE UK

Apply

THE NEED FOR DIRECT STATE REGULATION IN THE CONTEXT OF THE âTAKEOVER CODEâ FOR CORPORATE CONTROL IN THE UK

Journal Title: Ankara Sosyal Bilimler Üniversitesi Hukuk Fakültesi Dergisi - Year 2023, Vol 5, Issue 2

Abstract

The Takeover Code and Panel are integral to the regulation of mergers and acquisitions (M&As) and have a substantial role in controlling mergers and acquisitions which involve publicly traded companies in the UK. They serve to safeguard the interests of shareholders, maintain the integrity of shareholders and promote transparency in takeover processes in the UK. Therefore, undertakings somehow involved in takeover processes and bids must adhere to the Takeover Codesâ rules. In line with the Takeover Code, the Takeover Panel plays a crucial role in overseeing and enforcing the rules of the Takeover Code. However, the success of the Takeover Code and Panel is argued a lot lately. This article critically evaluates whether the historical development, substantive rules and current practice of the Takeover Panel and Code demonstrate a failure of self-regulation (market regulation). As a result, the need for direct state regulation of the market for corporate control is found. Thus, the remedy to the problem arising from the nature of the Takeover Code is searched in line with the Panel decisions, statutes and academic commentary.

Authors and Affiliations

Alptekin Koksal,

Keywords

TERÃRÄ°ZMÄ° ÃZNELERÄ° ÃZERÄ°NDEN ANLAMAK: TERÃRLE MÃCADELE KANUNU Ä°ÃÄ°N BÄ°R TANIM ÃNERÄ°SÄ°

TerÃ¶r eylemleri gerÃ§ekleÅtirecek olanlarÄ±n caydÄ±rÄ±labilmesi de bu eylemleri gerÃ§ekleÅtirenlerin cezalandÄ±rÄ±labilmesi de terÃ¶rizmle etkili mÃ¼cadele iÃ§in gereklidir. Ancak bunun iÃ§in terÃ¶rizmin fail ya da az...

ULUSLARARASI CEZA HUKUKU BAKIMINDAN SOYKIRIM SUÃUNUN MANEVÄ° UNSURU (MENS REA) VE MANEVÄ° UNSURUN YORUMLANMASINA DAÄ°R YAKLAÅIMLAR

SoykÄ±rÄ±m suÃ§unun uluslararasÄ± hukukta kabul edilen tanÄ±mÄ± Ã§erÃ§evesinde, ulusal, etnik, Ä±rksal veya dini bir grubu âtamamen veya kÄ±smen yok etme kastÄ±â Åeklinde ortaya Ã§Ä±kan suÃ§un manevi unsuru (mens re...

KAT MÃLKÄ°YETÄ°NDE YÃNETÄ°M PLANIN Ä°ÃERÄ°ÄÄ° Ä°LE KAT MALÄ°KLERÄ°NÄ°N YÃNETÄ°M HAKKININ KISITLANMASI

Kat MÃ¼lkiyetinin yÃ¶netiminde en Ã¶nemli kaynak yÃ¶netim planÄ±dÄ±r. YÃ¶netim planÄ±nÄ±n hukuki niteliÄi sÃ¶zleÅme olup tÃ¼m kat malikleri ile haleflerini baÄlar. YÃ¶netim planÄ±nÄ±n tek malik tarafÄ±ndan veya yÃ¼kle...

The Endless Controversies Of The Nile River Basin In The Context Of International Transboundary Watercourse Doctrines

Considering the conflicting interests of states over their shared basin-wide transboundary water resources, various basin states follow different international legal theories of transboundary watercourses. This paper foc...

HABER BÃLTENLERÄ° VE TARTIÅMA PROGRAMLARINDA YALAN HABER VE DEZENFORMASYONUN 6112 SAYILI KANUN BAKIMINDAN DEÄERLENDÄ°RÄ°LMESÄ°

Enformasyon Ã§aÄÄ±nda bireyler dezenformasyon ve yalan haberlere yoÄun biÃ§imde maruz kalmaktadÄ±rlar. Ãzellikle haber bÃ¼ltenleri ve tartÄ±Åma programlarÄ±nda bu tÃ¼r iÃ§eriklerin yayÄ±lmasÄ± insanlarÄ±n yanlÄ±Å bi...

EP ID EP730672
DOI -
Views 35
Downloads 0