The Law and Economics of Takeovers

Editorial Reviews Review ..a timely and important contribution to the scholarship in the area of corporate takeovers..the first and only comprehensive book to address acquirer's shareholders' concerns in takeover bids. The book analyses the most neglected aspect of takeovers, protection of acquirer's shareholders..Dr Kouloridas has undertaken an exhaustive and penetrating analysis of both the law and the economics of the risks faced by shareholders of the acquirer's company in takeovers. No stone has been left unturned by the author in meeting the central objective of this book. The book should undoubtedly appeal to both legal and economic readers at all levels interested in aspects of corporate takeovers. This book is a must-read and is highly recommended for those requiring in-depth analysis of the contentious issues in takeover bids including future research and trends in this area.Jonathan MukwiriJournal of Business LawVol 3, 2009This book is a timely study of the regulatory regime applicable to takeovers in UK capital markets from the perspective of the acquirer..This book is surely essential reading for corporate lawyers, academics and practitioners alike. It draws together economic and legal studies in this neglected area, and draws powerful, if uncomfortable, conclusions. There is a wealth of helpful tables, illustrations and graphs explaining various concepts, much comparative material from other jurisdictions and a full bibliography. Managers, regulators, policymakers and lawyers would all do well to read this noteworthy book.John TownsendThe Modern Law Review72.6, November 2009The beauty of this book is twofold. First, it has a nice balance of economic and legal analysis. Secondly, it provides some valuable insights into understanding the economic dimension of the law of takeovers with jargon-free language. The analysis is informal, but rigorous; remarks and conclusions are both persuasive and supported by empirical evidence.Overall, this book is a valuable contribution to the law and economics literature in general it is one of the must-read new contributions to scholarship in the area of economics of company law Qi ZhouLegal StudiesVolume 30, No. 1