{"product_id":"class-action-in-french-corporate-law-von-jihan-rizk-khattar","title":"Class Action in French Corporate Law","description":"\u003cp\u003eThis paper argues that U.S.-style class action would provide greater protection to the investor in France by acting in tandem with public enforcement as a deterrent and by increasing investor confidence. The first part describes the pros and cons of American-style class actions and the second part examines the prospects of introducing such a procedure into the French legal system. The French government proposed a bill in 2006 limited to consumer class action which was criticized as too benign. The author is of the opinion that a fully fledged class action would be beneficial to French markets arguing that a procedural mechanism covering both investors and consumers would increase investor confidence, benefit capital markets, mitigate manager\/owner agency costs and promote greater disclosure and better corporate governance practices in France.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783659298752\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783659298752","offer_id":39486456627293,"sku":"9783659298752","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/eb6da803-c2b5-48b9-8058-1aa74aa89f43.jpg?v=1769838184","url":"https:\/\/shop.autorenwelt.de\/products\/class-action-in-french-corporate-law-von-jihan-rizk-khattar","provider":"Autorenwelt Shop","version":"1.0","type":"link"}