Oxford Business Law Blog

The fundamental question in the law of business organizations—what is the purpose of the corporation? —contains a related question of constituencies and therefore priorities among them—whom does the...

In response to the sharp increase in campaigns by activist hedge funds in France and Europe generally, a French commission has conducted an extensive investigation and issued a carefully researched,...

Top executives’ compensation (TEC) is a topical and sensitive corporate governance issue. This issue has probably been one of the most publicised along with the rise of shareholder activism, which is...

France has embarked on a major competition to benefit from Brexit and the weakening of London's financial center. President Emmanuel Macron, as well as Prime Minister Edouard Philippe and Economy...

Introduction The Sapin II Act of November 8 2016 amended the regime governing directors' liability in an insolvency scenario in order to encourage the recovery of honest directors of failed...

This post comes to us from Vincent Hatton (Avocat at the Paris bar, partner) and Vincent Danton (Avocat at the Paris bar, senior associate) of Herbert Smith Freehills. The EU Regulation 2015/760 of...

After an extended period of economic growth following the Second World War, France stands today at the technological frontier in several sectors of its economy. Still, as emphasized in our paper ‘...

The European regulation on market abuse is due to enter into force on 3 July 2016. In this context, the AMF is launching a public consultation on amendments to its General Regulation and its policy...

Economic elites are thought to exert political pressure over the design of contracting frameworks, seeking arrangements that benefit their interests (see Feijen and Perotti (2006) and Rajan (2006)...