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Principles of Corporate Finance Law (Paperback)
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Principles of Corporate Finance Law (Paperback)
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This book explores the relationship between law and corporate
finance. Corporate finance theory seeks to understand how
incorporated firms address the financial constraints that affect
their investment decisions by using varied financial instruments
that give holders different claims on the firm's assets. Recent
scholarship in this area explores precisely how legal mechanisms
affect corporate finance and the development of financial markets.
The legal environment is crucially important in explaining the
choices that companies make about their capital structure. The book
examines the key elements of the legal environment relating to
corporate finance in the UK. This evolving environment has just
undergone a remarkable period of far-reaching change. This was
driven in part by the desire of the UK government to modernise its
domestic company law, and in part by policy choices at the EU level
which rely heavily on the adoption of new regulation to promote
closer integration of European financial markets.In this book,
Eilis Ferran provides a detailed analysis of the technical issues
arising from the new UK and European law on corporate finance, and
combines this with exploration of the broader policy framework and
with cutting edge research.
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