The 'life cycle' of a family business is a fascinating process. Beginning with the initial entrepreneur starting the business, it encompasses the development of the business to success, involvement of family members in the business, estate planning, preparation for integration of the next generation, creating a family constitution to regulate relationships among family members, and creating a family trust when appropriate. The completion of the cycle then gives the option of continuing - to potentially become one of the one-hundred-year businesses. This Special Report is a one-stop collection bringing together a distinguished team of international contributors, each an expert in their respective field with a global reputation, to cover the entire life cycle of a family business. It provides guidance on many of the key issues encountered including governance issues, protecting the family business assets, fostering entrepreneurship and succession planning. Life Cycle of Family Business is a unique source of knowledge for family businesses and professionals working in this specialist field. In this very readable single volume - edited by Barbara R Hauser and Alon Kaplan - those involved in family businesses can benefit from its expert guidance, at any stage of the life cycle.

Negotiations between management and the special negotiating bodies of employees are conducted according to the same rules for the European Company (SE), the European Cooperative Society (SCE), and the cross-border merger. The SE and the SCE are of particular interest to Germany because they allow for a reduction of the supervisory board and a changeover from a management / supervisory board to an administrative board. The negotiated solution provides tailored concepts for the respective company. The cross-border merger, which is also subject to the negotiated solution according to SE guidelines, should become even more significant. The commentary presents the material in context and also particularly highlights the solution process for medium-sized businesses.

As the #MeToo movement has become an increasingly global and significant workplace matter, a timely resource compiling must-know international workplace sexual harassment laws for the multinational employer is clearly needed. This book provides a comprehensive compilation of global sexual harassment laws, clearly necessary in this climate but not currently existing until now. It presents legislation addressing workplace sexual harassment in over 50 countries in the European Region, Asia Pacific, Americas, and the Middle East and Africa. Within each region, the laws of individual countries are set forth, as well as some cultural context and recent developments to indicate present and future trends in workplace sexual harassment regulation. Written in clear, plain English for anyone without a legal background to understand, this book is essential reading and a key resource for employment and business attorneys, global employers, managers, human resources professionals, and occupational health and safety professionals. Academics, practitioners, union members, employees, NGOs, and those in the human rights field will also benefit from this timely resource.

The separation of the ownership from control of a company is a hallmark of many large UK companies, and has been so for nearly a century. Much contemporary debate over corporate governance assumes that this separation is the norm. However, quoted companies are much less common outside the UK and quoted companies in other jurisdictions often have one dominant shareholder, rather than being widely held.
In this book, Brian Cheffins explores the historical foundations of the separation of ownership and control, asking how the widely held company came to prominence and why it has endured in the UK. He synthesizes existing theories on the evolution of ownership and control in the UK and assesses the extent to which they need to be revised in the light of new historical evidence. He provides the first systematic analysis of why and how the UK stock market came to be dominated by institutional shareholders and illustrates the development of key similarities and differences between the UK and US systems through comparative discussions.
Being a blockholder in a large and successful business can provide the private benefits of control and the power associated with being a business leader, so why did those who traditionally owned large blocks of shares want to exit? Leaving one's savings in the hands of managers over whom one has no control seems foolish. Why were investors willing to buy the shares that the blockholders wanted to sell as ownership separated from control, and why have they continued to buy? As ownership separated from control in UK public companies, those who bought shares (including institutional shareholders, who had sufficient fiscal power to take a hands-on role withpublic companies) rarely sought to exercise control over management. Why was this? Even though the widely held company has been a key part of British capitalism for nearly a century, a series of prominent public-to-private deals carried out by private equity buyers mean that this trend may not necessarily continue. The concluding chapter of this book draws on the analytical framework used throughout to assess the possible future of the widely held company in the UK.

Banking Law Day 2012 inFrankfurt adressed the topics of "Anlegerschutz im Wertpapiergeschaft" and "Verantwortlichkeit der Organmitglieder von Kreditinstituten." Under the direction of Markus Artz and Volker Gross, expert speakers from academia and daily praxis debated the issues."

This publication considers important legal questions concerning acquisition in good faith of shares and of rights to shares in a GmbH. In particular, the requirements, legal consequences and the limits of acquisition in good faith of shares and of rights to shares are specifically addressed and presented in relation to the legal questions associated with the acquisition in good faith of shares in a GmbH. This work's primary objective is to contribute to establishing clarity on the countless questions of interpretation associated with section 16 sub-section 3 of the German Limited Liability Companies Act (GmbHG).

The European Company ('SE') is a legal entity offering a European perspective for businesses. Its purpose is to allow businesses that wish to extend their activities beyond their home Member State to operate throughout the EU on the basis of one set of rules and a unified management system. The book explains how to set up and organise a European Company, as well as setting out the text of the EC instruments (a Regulation and a Directive) serving as its legal basis, and a list of national implementing laws. This second volume reports on the countries which have legislated during 2005 and 2006. Divided into two sections, it first offers critical review of the usefulness of, and the opportunities presented by, this new vehicle; analyses the Regulation and the Directive; and examines the tax aspects of the SE. The second part reports on each of the Member States.

On the one hand, it can be argued that the increasing economic and political interdependence of countries has led to the convergence of national legal systems. On the other hand, advocates of the counterhypothesis maintain that this development is both unrealistic and unnecessary. Mathias Siems examines the company law of the UK, the USA, Germany, France, Japan and China to see how this issue affects shareholder law. The author subsequently analyses economic and political factors which may or may not lead to convergence, and assesses the extent of this development. Thus, Convergence of Shareholder Law not only provides a thorough comparative legal analysis but also shows how company law interconnects with political forces and economic development and helps in evaluating whether harmonisation and shareholder protection should be enhanced.

This supplemental text on PR law is intended to be used with other mass communication textbooks. It is intended for the mass communication law course, which is a mainstay (although not always required course) in all accredited programs in mass communication, journalism, broadcasting, telecommunications, public relations, mass media, and related curricula.

The Swedish Takeover Code is the Swedish equivalent of the UK City Code on Takeovers and Mergers. First published in the 1970s, it was largely based on the UK City Code, which served as its model. Since then, Sweden has witnessed a large number of public takeovers, many of them with a cross-border element. Historically, takeover activity on the Swedish stock market has always been more vibrant than in most European countries, and that continues to be the case to this day. Available for the first time in English, this book is the leading commentary on the Swedish Takeover Code. Written by members of the Swedish Takeover Panel, who have been directly involved in the recent overhauls of the code, it is a vital reference for any companies, lawyers, bankers, financial regulators or policy makers participating in mergers and acquisitions involving Swedish stakeholders.

The orientation of the EC accounting directives and (in practice) the IAS/IFRS to corporations on the one hand and their extension to the limited liability company & co. on the other hand raises two questions: firstly, what is the justification for the (subsequent) inclusion of the limited liability company & co. in the EC accounting conventions, and, secondly, is it possible to subject both types of company to the same accounting rules without differentiation, i.e. regardless of their special company law features.

"Business Law" is part of a major new national programme of highly developed texts and modules for undergraduate students following business studies programmes. It provides 100 hours of quality study to be used by students in a supported learning environment.

This introduction to business law delivers the knowledge and skills required to understand the overall importance of the legal function in every aspect of the business organization and the ways in which the law affects the role of every manager, from marketing to personnel, in a business. It is designed for students of business as opposed to legal specialists so all the units are carefully sequenced and organized to ensure clarity and ease of use.

Topics covered include:
The English legal system.
Legal relationships.
Business contracts.
Obligations of the seller/producer.
European community law,""

"Business Law" has been written and developed by a highly experienced team. Extensively tested with students and using a range of questions, self-assessment exercises, worked examples and assignments, "Business Law" is the most effective teaching and learning resource available at this level.

This book considers some of the fundamental issues concerning the legal framework that has been established to support a single EU securities market. It focuses particularly on how the emerging legal framework will affect issuers' access to the primary and secondary market. The Financial Services Action Plan (FSAP, 1999) was an attempt to equip the community better to meet the challenges of monetary union and to capitalise on the potential benefits of a single market in financial services. It led to extensive change in securities market regulation: new laws; new law making processes, and more attention to the mechanisms for the supervision of securities market activity and legal enforcement. With the FSAP nearing completion, it is a good time to take stock of what has been achieved, and to identify the challenges that lie ahead.

The free movement of persons and services are key elements, alongside the free movement of goods and capital, in the fundamental freedoms which underpin the European internal market. In recent years two key themes have emerged from the case law of the European Court of Justice. The first is convergence in the case law on the free movement of goods, persons, and services in order to ensure the operation of the internal market through the prohibition of discrimination and the outlawing of unjustified obstacles to free movement. The second is the case law on the rights which flow from the introduction of citizenship of the European Union, which offer constitutional rights for individuals. The tensions between these two lines of authority can be explained through a fresh approach to the analysis and synthesis of the Treaty rules and secondary legislation of the European Community, and of the case law of the European Court of Justice on free movement of persons and services. This approach is based on distinguishing between those rules which relate mainly to the regulation of business activities in the internal market, and those which are mainly concerned with individual rights for citizens of the European Union. The result is a detailed overview of the law relating to workers, establishment, and services in the EU in this modern context.

EU services law is an emerging area of scholarship of great practical importance. This book is the first major contribution to the analysis and the development of the right to provide services. It is authoritative and represents different views on many of the pressing problems of the area.

On 9 November 2005 a symposium took place on the realisation of the Takeover Directive in Europe which was attended by experts on takeover law from six Member States. Their papers are compiled in this volume.

Sealy & Worthington's Text, Cases, & Materials in Company Law clearly explains the fundamental structure of company law and provides a concise exploration of each different aspect of the subject. The materials are carefully selected and well supported by commentary so that the logic of the doctrinal or legal argument is unambiguously shown. Notes and questions appear periodically throughout the text to provoke ongoing analysis and debate and enable students to test their understanding of the issues as the topics unfold. This text covers a wide range of sources and provides intelligent and thought provoking commentary in a succinct format. It will be invaluable to all those looking for expert observations and vital materials on company law. Digital formats and resources The twelfth edition is available for students and institutions to purchase in a variety of formats. The e-book offers a mobile experience and convenient access along with functionality tools and navigation features: www.oxfordtextbooks.co.uk/ebooks

Corporate bankruptcy is a defining characteristic of the market economy. It encapsulates the fundamental conflict between capital and labour. Yet, with one or two notable exceptions, the political and social dynamics of bankruptcy law and practice have been largely overlooked by socio-legal scholars. This book remedies that neglect. It compares English and American insolvency laws to identify the underlying political forces that established corporate bankruptcy law on both sides of the Atlantic. It shows how corporate insovency regulation is the creation of the lawyers who interpret and administer it. This book will be welcomed as an important sociological study and advances our understanding of how substantive law results from conflicts among the professionals who help to create it.

In a global economy, multinational companies often operate in jurisdictions where governments are either unable or unwilling to uphold even the basic human rights of their citizens. The expectation that companies respect human rights in their own operations and in their business relationships is now a business reality that corporations need to respond to. Business and Human Rights: From Principles to Practice is the first comprehensive and interdisciplinary textbook that addresses these issues. It examines the regulatory framework that grounds the business and human rights debate and highlights the business and legal challenges faced by companies and stakeholders in improving respect for human rights, exploring such topics as: the regulatory framework that grounds the business and human rights debate challenges faced by companies and stakeholders in improving human rights industry-specific human rights standards current mechanisms to hold corporations to account future challenges for business and human rights With supporting case studies throughout, this text provides an overview of current themes in the field and guidance on practical implementation, demonstrating that a thorough understanding of the human rights challenges faced by business is now vital in any business context.

This work considers the most important EC directive in corporate law since the Take-Over Directive in 2002, i.e. the Directive on Shareholders' Rights and its implementation under German law. This is the first directive to substantially regulate the internal organization of a stock corporation and entails a series of fundamental problems from control issues and shareholder apathy to questions relating to a reasonable definition of the scope of application of the law of stock corporations and listed corporations.