Takeover Law in the UK, the EU and China: State Interests, Market Players, and Governance Mechanisms

This book investigates stakeholders' interests, market players, and governance models for the takeover market in the changing global economic orders. It discusses takeovers in the context of China as a rising power in the global M&A market and re-examines them as an efficient method for corporate competition, consolidation, and restructuring. China is seeking directions for further reforms of its law, regulatory model, and banking system to compete with other economic powers. The book reflects on the UK and European models and focuses on the policy choices for China to transform its capital market.

Format: Paperback / softback
Length: 280 pages
Publication date: 22 May 2022
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the intricate dynamics of the takeover market within the evolving global economic landscape. Authored by esteemed experts from the United Kingdom, Germany, the Netherlands, Australia, and China, it explores the multifaceted aspects of takeovers, particularly in the context of China's ascendance as a dominant force in the global mergers and acquisitions (M&A) market. The book reevaluates the role of takeovers as a powerful tool for corporate competition, consolidation, and restructuring, considering their significance in the ever-changing business environment.

China has embraced takeovers as a market practice and is actively seeking guidance for further reforms in its law, regulatory framework, and banking system to rival other economic powers. However, it is important to note that China operates at a distinct economic development stage and possesses unique legal and political structures. The Shanghai and Shenzhen stock markets, dominated by state-owned enterprises, differ significantly from their counterparts in the United Kingdom and Europe. Researchers and policy makers are diligently working to develop innovative solutions in response to the pressing needs for reform.

Recently, China has taken a significant step forward by opening its financial markets to foreign ownership, marking a pivotal moment in its capital market transformation. This book serves as a thoughtful reflection on the UK and European models and provides valuable insights into the policy choices that China must make to evolve its capital market. It appeals to a wide audience, including postgraduate students, researchers (LLM, PhD, postdocs), law and management/finance academics, and policy makers. By examining the complexities of the takeover market, this book offers valuable perspectives and contributes to the ongoing discourse on economic development and governance in the global arena.

Weight: 444g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030723477
Edition number: 1st ed. 2021