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