Does Sweden Need a Mandatory Bid Rule? A Critical Analysis


by Rolf Skog

ISBN 90-5143-025-6

Introduction
This article lays the groundwork for a discussion of mandatory bids in the Swedish stock market, in part by clarifying the EU Commission’s proposals as well as foreign experiences, and in part by examining the arguments in favor of mandatory bids. The article only treats the question of general bids which carry the force of law or are otherwise compulsory. I will leave for another discussion the question of what opportunities shareholders have, and should have, to introduce a mandatory bid rule in a company’s by-laws.

Additional Info
Keywords: corporate governance
Authors: Rolf Skog
Editors: Franco Bruni

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