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Grab those pills.
- Source :
- International Financial Law Review; Nov2007, Vol. 26 Issue 11, p36-37, 2p, 2 Charts
- Publication Year :
- 2007
-
Abstract
- The article discusses the measures taken by companies at the cost of their work efficiency in Japan. A consultation paper released on August 8, 2007, warned the companies against poison pills and the defensive measures taken by firms. Further the paper stated that the defensive measures which are aimed at protecting their own interest could have a negative effect on productivity and in the long run would hamper its efficiency. The Japanese government passed the triangular Merger Laws to increase foreign direct investment. It is stated that allowing local subsidiaries of foreign companies to use shares in its parent to purchase a Japanese firm, the system was expected to encourage hostile takeovers.
Details
- Language :
- English
- ISSN :
- 02626969
- Volume :
- 26
- Issue :
- 11
- Database :
- Complementary Index
- Journal :
- International Financial Law Review
- Publication Type :
- Periodical
- Accession number :
- 27720379