Search results

1 – 10 of over 11000
Click here to view access options
Book part
Publication date: 9 July 2018

Maura Garcea

The rules on takeover bids are generally considered to be an important factor within the debate on corporate governance. The risk of a takeover bid – and of a consequent…

Abstract

The rules on takeover bids are generally considered to be an important factor within the debate on corporate governance. The risk of a takeover bid – and of a consequent change in company control – should motivate a company’s board to act in the best interests of the shareholders (the so-called disciplinary mechanism). The European rules on takeover bids are enshrined in Directive 2004/25/EC (which is also known as the Thirteenth Directive on Company Law), which applies to bids for securities of companies (issuers) governed by the laws of Member States. In this chapter the author analysed the European rules on takeover bids and highlighted certain national options for implementing the Directive, although a revision of the European Directive, which will be based, among other things, on an examination of the advantages and disadvantages of its application, has been under way since 2004. The chapter also considered the revisions currently being proposed by the European Commission and the European Parliament.

Details

Governance and Regulations’ Contemporary Issues
Type: Book
ISBN: 978-1-78743-815-6

Keywords

Click here to view access options
Article
Publication date: 1 May 1992

John Harris

Aims to examine the impact of health and safety legislationemanating from the European Community and to analyse what effect, ifany, it will have on British occupational…

Downloads
1231

Abstract

Aims to examine the impact of health and safety legislation emanating from the European Community and to analyse what effect, if any, it will have on British occupational health and safety law. An examination of the social action programmes shows that the pace of change has increased rapidly since the Single European Act was incorporated into the Treaty of Rome and became operative from July 1987. Because of rapid changes that are occurring on a broad front there was a need to be selective. Emphasizes to some extent, therefore, the construction industry because it would appear that European legislation is likely to have a major impact on British law and practice in this industry.

Details

International Journal of Manpower, vol. 13 no. 5
Type: Research Article
ISSN: 0143-7720

Keywords

Click here to view access options
Article
Publication date: 1 February 2004

Lucie Thébault

Evaluates the effects of shipwrecks and peoples’ reactions following them, with regard to their feelings of preventability on someone’s part. In particular to the Erika in…

Downloads
1424

Abstract

Evaluates the effects of shipwrecks and peoples’ reactions following them, with regard to their feelings of preventability on someone’s part. In particular to the Erika in 1989, and the Prestige in 2002. The European Union (EU), which theretofore seemed to be neglecting maritime safety appears to have developed a maritime culture. The EU seems to have adopted the International Maritime Organisation’s (IMO) attitude regarding safety protocols, which must be a right and proper thing to do. Concludes that shipping has needed, and is now receiving, a proactive approach with regard to safety from the EU which should limit, as far as possible, disasters of both a human and ecological kind for the maritime world.

Details

Managerial Law, vol. 46 no. 1
Type: Research Article
ISSN: 0309-0558

Keywords

Click here to view access options
Article
Publication date: 1 December 2000

Philip Tice

Metal cans are extensively used, in the retail distribution of foods and beverages, where packaging is required to be both robust and able to withstand sterilisation…

Abstract

Metal cans are extensively used, in the retail distribution of foods and beverages, where packaging is required to be both robust and able to withstand sterilisation temperatures. Internal lacquer barrier coatings on the cans play an important role in maintaining the quality of the contents, by preventing any unacceptable metal contamination. It is, however, necessary to ensure that the presence of the lacquer does not itself make the contents unsafe. As yet, the European Commission has produced no directive relating specifically to safety rules for contact between foodstuffs and polymeric or plastic coatings on metal substrates (e.g. lacquer‐coated cans). It is therefore necessary to turn to individual national laws and regulations, or the Council of Europe Resolution on Coatings, for assurance on the safety of lacquer‐coated food and beverage cans. Discusses existing EC food contact legislation, and its possible future application to lacquer‐coated food and beverage cans.

Details

British Food Journal, vol. 102 no. 11
Type: Research Article
ISSN: 0007-070X

Keywords

Click here to view access options
Article
Publication date: 1 August 2000

Philip Tice

Metal cans are extensively used, in the retail distribution of foods and beverages, where packaging is required to be both robust and able to withstand sterilisation…

Abstract

Metal cans are extensively used, in the retail distribution of foods and beverages, where packaging is required to be both robust and able to withstand sterilisation temperatures. Internal lacquer barrier coatings on the cans play an important role in maintaining the quality of the contents, by preventing any unacceptable metal contamination. It is, however, necessary to ensure that the presence of the lacquer does not itself make the contents unsafe. As yet, the European Commission has produced no directive relating specifically to safety rules for contact between foodstuffs and polymeric or plastic coatings on metal substrates (e.g. lacquer coated cans). It is therefore necessary to turn to individual national laws and regulations, or the Council of Europe Resolution on Coatings, for assurance on the safety of lacquer coated food and beverage cans. Discusses existing EC food contact legislation, and its possible future application to lacquer coated food and beverage cans.

Details

Pigment & Resin Technology, vol. 29 no. 4
Type: Research Article
ISSN: 0369-9420

Keywords

Click here to view access options
Article
Publication date: 8 November 2021

Muhammad Arif, Christohper Gan and Muhammad Nadeem

Motivated by the enactment of non-financial reporting regulations by the European Parliament, this paper aims to investigate the impact of European Union (EU) directive

Abstract

Purpose

Motivated by the enactment of non-financial reporting regulations by the European Parliament, this paper aims to investigate the impact of European Union (EU) directive 2014/95/EU on the quantity of environmental, social and governance (ESG) disclosures by the S&P Europe 350 index firms. This study also investigates whether the implementation of the non-financial information (NFI) reporting regulations influences the association between ESG disclosures and firms’ earnings risk.

Design/methodology/approach

To measure the impact of mandatory regulations on the quantity of ESG disclosures, this study estimates the average treatment effects using a propensity weighted sample. Then this study uses the difference-in-differences method to estimate the differences in the association between ESG disclosures and earning risk before and after implementation of the EU directive.

Findings

The results show a significant positive impact of the EU directive on the quantity of ESG disclosures for the sample European public-interest entities, which indicates that the mandatory NFI reporting requirements could boost the availability of increasingly demanded ESG related information. The enhanced association between the ESG disclosures and firms’ earnings risk during the post-directive period reveals that mandating NFI reporting also increases the quality of ESG disclosures.

Originality/value

Using the legitimacy and decision-usefulness theories, this study provides novel evidence concerning the impact of the EU directive on the quantity and quality of ESG disclosures.

Details

Meditari Accountancy Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2049-372X

Keywords

Click here to view access options
Article
Publication date: 1 June 2000

Robert Queck

Considers the future of telecommunications’ national regulatory authorities (NRAs), by way of analysing the European telecommunications regulatory framework. Examines the…

Abstract

Considers the future of telecommunications’ national regulatory authorities (NRAs), by way of analysing the European telecommunications regulatory framework. Examines the organization and functioning of NRAs, maintaining efficient performance of the required various tasks. Concludes an NRA is entrusted with “rule application” rather than with “rule making” tasks.

Details

info, vol. 2 no. 3
Type: Research Article
ISSN: 1463-6697

Keywords

Click here to view access options
Article
Publication date: 28 July 2020

Lucia Biondi, John Dumay and David Monciardini

Motivated by claims that the International Integrated Reporting Framework (IRF) can be used to comply with Directive 2014/95/EU (the EU Directive) on non-financial and…

Abstract

Purpose

Motivated by claims that the International Integrated Reporting Framework (IRF) can be used to comply with Directive 2014/95/EU (the EU Directive) on non-financial and diversity disclosure, the purpose of this study is to examine whether companies can comply with corporate reporting laws using de facto standards or frameworks.

Design/methodology/approach

The authors adopted an interpretivist approach to research along with current regulatory studies that aim to investigate business compliance with the law using private sector standards. To support the authors’ arguments, publicly available secondary data sources were used, including newsletters, press releases and websites, reports from key players within the accounting profession, public documents issued by the European Commission and data from corporatergister.com.

Findings

To become a de facto standard or framework, a private standard-setter requires the support of corporate regulators to mandate it in a specific national jurisdiction. The de facto standard-setter requires a powerful coalition of actors who can influence the policymakers to allow its adoption and diffusion at a national level to become mandated. Without regulatory support, it is difficult for a private and voluntary reporting standard or framework to be adopted and diffused. Moreover, the authors report that the <IRF> preferences stock market capitalism over sustainability because it privileges organisational sustainability over social and environmental sustainability, emphasises value creation over holding organisations accountable for their impact on society and the environment and privileges the entitlements of providers of financial capital over other stakeholders.

Research limitations/implications

The authors question the suitability of the goals of both the <IRF> and the EU Directive during and after the COVID-19 crisis. The planned changes to both need rethinking as we head into uncharted waters. Moreover, the authors believe that the people cannot afford any more reporting façades.

Originality/value

The authors offer a critical analysis of the link between the <IRF> and the EU Directive and how the <IRF> can be used to comply with the EU Directive. By questioning the relevance of the compliance question, the authors advance a critique about the relevance of these and other legal and de facto frameworks, particularly considering the more pressing needs that must be met to address the economic, social and environmental implications of the COVID-19 crisis.

Details

Meditari Accountancy Research, vol. 28 no. 5
Type: Research Article
ISSN: 2049-372X

Keywords

Click here to view access options
Book part
Publication date: 13 October 2017

Anne Lafarre

In this chapter, we explore the legal framework of AGMs of listed companies in Europe, which forms the foundation for the empirical analyses in the subsequent chapters. We…

Abstract

In this chapter, we explore the legal framework of AGMs of listed companies in Europe, which forms the foundation for the empirical analyses in the subsequent chapters. We consider the decision-making rights, information rights (including forum rights) and procedural rights of shareholders at the European level. As this chapter shows, only a small part of the legal framework of AGMs is harmonized at the European level and this harmonization mostly consists of procedural rights. The recently adopted amended Shareholder Rights Directive will introduce more material European rights such as a say on pay.

Click here to view access options
Article
Publication date: 1 December 2001

Diane Ryland

Seeks to answer the question “whose interests are being served by the laws of purporting to regulate genetically modified organisms?“ Considers the interests of the…

Abstract

Seeks to answer the question “whose interests are being served by the laws of purporting to regulate genetically modified organisms?“ Considers the interests of the seed/chemical multinational companies, trade and investment for the countries in which these companies operate and the innovation of science and technology. Covers the European interests with regards to the single internal market and the conflict this can cause between economic and environmental/health interests. Looks at the issues from the US perspective and world trade. Continues by covering nature and the environment followed by health and safety and the rights of consumers. Assesses the regulations of the European community in order to find what protection is available.

Details

Managerial Law, vol. 43 no. 6
Type: Research Article
ISSN: 0309-0558

Keywords

1 – 10 of over 11000