The European Company Law Action Plan Revisited: An Introduction

THE EUROPEAN COMPANY LAW ACTION PLAN REVISITED, REASSESSMENT OF THE 2003 PRIORITIES OF THE EUROPEAN COMMISSION, LEUVEN, pp. 9-23, K. Geens, K. J. Hopt, eds., Leuven University Press, 2010

ECGI - Law Working Paper No. 140/2010

23 Pages Posted: 12 Mar 2010 Last revised: 29 Nov 2010

Klaus J. Hopt

Max Planck Institute for Comparative and International Private Law; European Corporate Governance Institute (ECGI)

Date Written: February 17, 2010

Abstract

The European Company Law Action Plan of 2003 has been in the center of corporate law discussions in Europe for almost a decade. This introduction re-visits five of the main reform problems and outlines reform perspectives beyond the financial markets crisis. The five areas that the introduction re-examines are legal capital, corporate governance, one share/one vote, financial reporting, and corporate mobility. For the future, the introduction identifies as critical a mixed system of regulatory approaches, i.e. between market and regulation as well as between national regulation and European rules, a focus on adequate enforcement, and prudence in the aftermath of the financial crisis.

Keywords: European Company Law Action Plan, legal capital, corporate governance,one share/one vote, financial reporting, corporate mobility, regulatory strategies, enforcement

JEL Classification: G3, G30, G34, G38, K22

Suggested Citation

Hopt, Klaus J., The European Company Law Action Plan Revisited: An Introduction (February 17, 2010). THE EUROPEAN COMPANY LAW ACTION PLAN REVISITED, REASSESSMENT OF THE 2003 PRIORITIES OF THE EUROPEAN COMMISSION, LEUVEN, pp. 9-23, K. Geens, K. J. Hopt, eds., Leuven University Press, 2010; ECGI - Law Working Paper No. 140/2010. Available at SSRN: https://ssrn.com/abstract=1554662 or http://dx.doi.org/10.2139/ssrn.1554662

Klaus J. Hopt (Contact Author)

Max Planck Institute for Comparative and International Private Law ( email )

Mittelweg 187
D-20148 Hamburg
Germany
+49 40 41 90 02 05 (Phone)
+49 40 41 90 03 02 (Fax)

European Corporate Governance Institute (ECGI)

c/o ECARES ULB CP 114
B-1050 Brussels
Belgium

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