Does Sweden Need a Mandatory Bid Rule?: A Critical Analysis
During the past decade, proposals have been made to introduce a mandatory bid rule in the Swedish stock market. Under such a rule, anyone who secures a certain percentage of the voting rights of a listed company would be forced to extend a takeover bid for the company’s remaining shares.
In this book, Rolf Skog – one of Sweden’s leading experts in corporate governance – provides a background of the debate along with a summary of mandatory bid rules in various countries. He also gives a critical analysis of the arguments for and against a mandatory bid rule and advises against its introduction in Sweden. This is a book that should be of interest in any country where corporate governance issues are part of the public debate.
Corporate Governance Forum, 1995
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