Law and regulation if companies do have a good knowledge of them could be an interesting tool to improve performances and /or to answer to major issues of strategy. On the question of take over bids, the European harmonisation does not achieve its objectives and offers therefore several possibilities for quoted companies to avoid losing control easily.
DE BEAUFORT, V. and MASSON, A. (2009). Harmonisation communautaire et stratégies juridiques : l'exemple des règles sur les OPA. In: Les stratégies juridiques des entreprises. 1st ed. Larcier, pp. 251-263.