DECODING THE UK HOSTILE TAKEOVER REGIME: A LIBERATION OF SHAREHOLDER VALUE OR A NUCLEAR THREAT TOWARDS CORPORATE GOVERNANCE?
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Thereby, sanctioning a financialized form of governance which undermines the importance of corporate stewardship by permitting acquirers to not only impinge upon the interests of target companies but to damage the wider industrial economy in the long-run. Illuminating a wide spanning regulatory vacuum, a fundamental re-investigation of the UK takeover regime is long overdue.
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