Takeovers as an effective mechanism for corporate governance
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Date
2015
Journal Title
Journal ISSN
Volume Title
Publisher
University of Ilorin Law Journal
Abstract
This paper aimed at studying the market for corporate control as a vehicle to effectively and efficiently regulate the corporate governance of a company. Corporate governance found itself in the forefront of the discuss in the business and academic world as a result of high-level scandals which led to the collapse of hitherto strong multinational companies which were once thought to be sure bets.
The need for the prevention of a reoccurrence of such scandals and improvement on a company’s corporate governance system has prompted this study.
In the conclusion of this paper, a balanced approach was reached for the market for corporate control and other corporate governance mechanisms were provided to ensure that a company is properly managed.
Description
Keywords
United Kingdom, European Union, Takeovers, Corporate Governance, Market for Corporate Control