Takeovers and Countering Short-termism in Target Boardrooms

• Main Author: WAN, Wai Yee
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Directors' duties; Takeovers; Business Law, Public Responsibility, and Ethics; Business Organizations Law; Commercial Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/1153
• Institution: Singapore Management University

This article considers the extent to which UK company law and takeover regulation may have contributed to the supposed short-termism exercised by target directors in takeovers, that is, target directors focusing only on short-term financial gain to the current shareholders, rather than the target’s...