{"product_id":"a-critical-analysis-of-whether-allowing-directors-to-implement-anti-takeover-defences-is-beneficial-for-all-corporate-constituencies-von-thomas-bohm","title":"A critical analysis of whether allowing directors to implement anti-takeover defences is beneficial for all corporate constituencies","description":"\u003cp\u003eEssay from the year 2018 in the subject Business economics - General, grade: A, University of Edinburgh (Edinburgh Law School), course: Corporation Law and Economics, language: English, abstract: This essay examines the question whether allowing directors to implement anti-takeover defences is beneficial for all corporate constituencies. Beginning with the classification of the topic in the law and economics context of the market for corporate control in Chapter 2, I will briefly outline in Chapter 3 the scenarios in which anti-takeover defences usually come into operation, namely hostile takeovers. Chapter 4 presents the most common anti-takeover defences and sets out the legal framework to what extent directors are permitted to adopt such defences in accordance with the applicable law. A distinction is made between UK and US law, with the latter focussing on Delaware law, where more than a half of all US publicly traded corporations are established. The Delaware Court of Chancery and Supreme Court have developed an extraordinary body of jurisprudence concerning corporate takeovers and anti-takeover defences. Chapter 5 points out potential impacts on the various constituencies of a company and deals with the fact why their interests have to be regarded in the takeover context. Finally, Chapter 6 critically evaluates anti-takeover defences from different stakeholder perspectives and concludes that these are not beneficial for all corporate constituencies, but for directors only.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783668962705\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783668962705","offer_id":39443166658653,"sku":"9783668962705","price":18.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/06edba26-54e7-4fc1-88a2-9c1096fd890d.jpg?v=1778564280","url":"https:\/\/shop.autorenwelt.de\/products\/a-critical-analysis-of-whether-allowing-directors-to-implement-anti-takeover-defences-is-beneficial-for-all-corporate-constituencies-von-thomas-bohm","provider":"Autorenwelt Shop","version":"1.0","type":"link"}