Comparative Corporate Law  

2.5 ECTs / 12h / English

What is corporation law about? The aim is to analyze and to discuss the basic features of the business Corporation (legal personality, limited liability, centralized management, transferability of shares, investor ownership) and of Corporate Law (sources, goals, regulatory competition). Moreover, taking a dynamic perspective of today corporate reality, one realizes that the corporate group – and not the single corporation – is the prevailing form of the modern enterprise. The aim will thus be to analyze and to discuss the economic and legal nature of the corporate groups, as well as its regulation worldwide. The seminar also provides a discussion of the main instruments of corporate control (executive board, monitoring board, shareholders) in a comparative perspective. The topics addressed in this respect include conflicts of interest, executive remuneration, non-executive directors, shareholder voting and takeovers.