Use this URL to cite or link to this record in EThOS: https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.737968
Title: Legal aspects of takeover defence tactics : a comparative analysis between the English and the US systems
Author: Huseynov, Elshad
ISNI:       0000 0004 7226 1146
Awarding Body: University of London
Current Institution: Institute of Advanced Legal Studies
Date of Award: 2017
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Abstract:
The primary objective of this research is to make a critical analysis of the current methods of defences for preventing undue acquisitions of small to medium companies by large companies. Although these defences have been practised by the commercial community for a very long time, it is maintained that their effectiveness should still be questioned. The protection of the minority shareholders in a company is one of the reasons for using these defences but, in reality, either they are squeezed out or they themselves surrender to the acquiring company. Most of the published works tend to support the current defence tactics, but in this research an attempt has been made to demonstrate how these techniques have become rather ineffective and the means by which they may be strengthened. This research also demonstrates that from a societal standpoint the rationale behind acquisitions should be reviewed. As this process simply creates unemployment and most of the merged companies feel rather uncomfortable after acquisitions and mergers. The issue of the protection of the minority shareholders should be taken very seriously so that small shareholders may be encouraged to contribute to the capital formation process in small to medium size corporate entities. The protection of the minority shareholders should also be considered as a part of the concept of corporate social responsibility.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.737968  DOI: Not available
Keywords: Law
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