How Does the Market React to the Societas Europaea?

Eidenmüller, Horst; Engert, Andreas; Hornuf, Lars (2010): How Does the Market React to the Societas Europaea? In: European Business Organization Law Review, Vol. 11, No. 1: pp. 35-50

Abstract

When Council Regulation (EC) No 2157/2001 on the Statute for a European Company (Societas Europaea SE) became effective on 8 October 2004, it offered existing publicly traded companies, for the first time, a choice between competing company laws, namely the national law of the company's home state and the law of the supranational SE. Using an event study methodology, we analyse a unique dataset of publicly traded firms that have announced to re-incorporate under the SE Regulation.

• Item Type: Journal article
• Form of publication: Publisher's Version
• Keywords: event study; Societas Europaea; European Company; EC company law; incorporation; charter competition; regulatory competition; legal arbitrage
• Faculties: Law
• Subjects: 300 Social sciences > 340 Law
• ISSN: 1566-7529
• Alliance/National Licence: This publication is with permission of the rights owner freely accessible due to an Alliance licence and a national licence (funded by the DFG, German Research Foundation) respectively.
• Language: English