Equal Treatment of Shareholders - Can There Be Too Much of it?

12 Pages Posted: 2 Dec 2016

See all articles by Rolf Skog

Rolf Skog

University of Gothenburg - Department of Law

Erik Lidman

Gothenburg School of Business, Economics and Law; Stockholm Corporate Governance Forum

Date Written: December 1, 2016

Abstract

In the essay we describe and analyse how the principle of equal treatment found in Article 3.1 (a) in the EU Takeover Bids Directive (2004/25/EC) has come to be applied as a ban on price differentiation between different voting classes in the offeree company in Sweden. We conclude that this development might not be in line with the growing global demand for active, long-term shareholders in the listed companies.

Keywords: Shareholders, equal treatment

JEL Classification: K22

Suggested Citation

Skog, Rolf R. and Lidman, Erik, Equal Treatment of Shareholders - Can There Be Too Much of it? (December 1, 2016). Nordic & European Company Law Working Paper No. 16-15, Available at SSRN: https://ssrn.com/abstract=2878773

Rolf R. Skog (Contact Author)

University of Gothenburg - Department of Law ( email )

Viktoriagatan 30
Box 650
Göteborg, 40530
Sweden
+46 31 7866990 (Phone)

HOME PAGE: www.law.gu.se

Erik Lidman

Gothenburg School of Business, Economics and Law ( email )

Gothenburg
Sweden

Stockholm Corporate Governance Forum ( email )

Stockholm
Sweden

HOME PAGE: http://https://kabstiftelse.se/en/about-the-corporate-governance-forum/

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