Report of the Reflection Group on the Future of EU Company Law

82 Pages Posted: 27 May 2011

See all articles by José Engrácia Antunes

José Engrácia Antunes

Independent

Theodor Baums

J.W. Goethe University, Frankfurt/Main; European Corporate Governance Institute (ECGI)

Blanaid J. Clarke

Trinity College Dublin - School of Law

Pierre-Henri Conac

University of Luxembourg; European Corporate Governance Institute (ECGI)

Luca Enriques

University of Oxford Faculty of Law; European Corporate Governance Institute (ECGI)

Andras I. Hanak

Andras Hanak Law Offices

Jesper Lau Hansen

University of Copenhagen - Faculty of Law (FOCOFIMA)

H. J. de Kluiver

University of Amsterdam - Faculty of Law

Vanessa Knapp

Queen Mary University of London

Noëlle Lenoir

affiliation not provided to SSRN

Leena Linnainmaa

Independent

Stanislaw Soltysinski

Komisja Kodyfikacyjna Prawa Cywilnego; Sołtysiński Kawecki & Szlęzak, Legal Advisors

Eddy Wymeersch

Ghent University - Financial Law Institute; ECGI

Date Written: April 5, 2011

Abstract

This Report, the work of the "Reflection Group on the Future of EU Company Law" set up by the European Commission in December 2010, addresses current problems and trends in EU company law and makes recommendations for legislative initiatives to be undertaken at the EU level. The Report, after analysing the means and purposes of EU company law harmonization, mainly focuses on issues of cross-border mobility and corporate governance. Among others, the Report recommends new measures to: a) facilitate companies' mobility within the EU; b) improve companies' transparency; c) address myopic behavior in financial markets; and d) ease the integrated management of companies belonging to a group.

Keywords: European Commission, Corporate Governance, Company Law, Cross-Border Mobility, Harmonization, Regulatory Competition, Regulatory Arbitrage, Groups of Companies, Simplification, Centros, Freedom of Establishment, Co-determination, Long Term Ownership, Transfer of Seat

JEL Classification: G34, G38, H77, K22, K31

Suggested Citation

Engrácia Antunes, José and Baums, Theodor and Clarke, Blanaid J. and Conac, Pierre-Henri and Enriques, Luca and Hanak, Andras I. and Hansen, Jesper Lau and de Kluiver, H. J. and Knapp, Vanessa and Lenoir, Noëlle and Linnainmaa, Leena and Soltysinski, Stanislaw and Wymeersch, Eddy O., Report of the Reflection Group on the Future of EU Company Law (April 5, 2011). Available at SSRN: https://ssrn.com/abstract=1851654 or http://dx.doi.org/10.2139/ssrn.1851654

José Engrácia Antunes

Independent ( email )

No Address Available

Theodor Baums

J.W. Goethe University, Frankfurt/Main ( email )

Senckenberganlage 31
60325 Frankfurt/M.
Germany
+49 (0) 69 798 22218 (Phone)
+49 (0) 69 798 227474 (Fax)

European Corporate Governance Institute (ECGI)

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

HOME PAGE: http://www.ecgi.org

Blanaid J. Clarke

Trinity College Dublin - School of Law ( email )

House 39, New Square
Dublin 2
Ireland
Ph 00353 (0)18961632 (Phone)

Pierre-Henri Conac

University of Luxembourg ( email )

162a, avenue de la Faïencerie
Luxembourg-Limpertsberg, L-1511
Luxembourg
00352 46 66 44 68 20 (Phone)
00352 46 66 44 68 11 (Fax)

HOME PAGE: http://wwwen.uni.lu/

European Corporate Governance Institute (ECGI)

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

HOME PAGE: http://http:/www.ecgi.org

Luca Enriques (Contact Author)

University of Oxford Faculty of Law ( email )

St Cross Building
St Cross Road
Oxford, OX1 3UL
United Kingdom

European Corporate Governance Institute (ECGI)

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

HOME PAGE: http:/www.ecgi.org

Andras I. Hanak

Andras Hanak Law Offices ( email )

Budapest
Hungary

Jesper Lau Hansen

University of Copenhagen - Faculty of Law (FOCOFIMA) ( email )

Studiestraede 6
Studiestrade 6
Copenhagen, DK-1455
Denmark

HOME PAGE: http://www.jur.ku.dk

H. J. De Kluiver

University of Amsterdam - Faculty of Law ( email )

Amsterdam, 1018 WB
Netherlands

Vanessa Knapp

Queen Mary University of London ( email )

Mile End Rd
Mile End Road
London, London E1 4NS
United Kingdom

Noëlle Lenoir

affiliation not provided to SSRN ( email )

Leena Linnainmaa

Independent ( email )

No Address Available

Stanislaw Soltysinski

Komisja Kodyfikacyjna Prawa Cywilnego ( email )

Ujazdowskie Ave. No. 11
Warsaw, 00-950
Poland

Sołtysiński Kawecki & Szlęzak, Legal Advisors ( email )

Wawelska Str. No. 15B
Warsaw, 02-034
Poland

Eddy O. Wymeersch

Ghent University - Financial Law Institute ( email )

Universiteitstraat 4
Gent, B-9000
Belgium
+32 9 264 68 27 (Phone)
+32 9 264 68 55 (Fax)

HOME PAGE: http://www.law.ugent.be/fli

ECGI ( email )

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

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