Essec\Faculty\Model\Contribution {#2233 ▼
#_index: "academ_contributions"
#_id: "11015"
#_source: array:26 [
"id" => "11015"
"slug" => "11015-corporate-agency-costs-in-the-shadow-of-the-european-stock-exchanges-a-comparative-assessment-of-british-and-italian-law-on-related-party-transactions-and-corporate-opportunities 
11015-corporate-agency-costs-in-the-shadow-of-the-european-stock-exchanges-a-comparative-assessment- "
"yearMonth" => "2012-05"
"year" => "2012"
"title" => "Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of British and Italian Law on Related Party Transactions and Corporate Opportunities Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of Br "
"description" => "CORRADI, M. (2012). Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of British and Italian Law on Related Party Transactions and Corporate Opportunities. <i>The Journal of Comparative Law</i>, pp. 23-50. CORRADI, M. (2012). Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparat "
"authors" => array:1 [
0 => array:3 [
"name" => "CORRADI Marco"
"bid" => "B00770844"
"slug" => "corradi-marco"
]
]
"ouvrage" => ""
"keywords" => array:5 [
0 => "Related Party Transactions"
1 => "Self-Dealing"
2 => "Corporate Opportunities"
3 => "Agency Costs"
4 => "Transaction Costs"
]
"updatedAt" => "2021-07-13 14:31:46"
"publicationUrl" => null
"publicationInfo" => array:3 [
"pages" => "23-50"
"volume" => null
"number" => null
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => "Royaume-Uni"
"en" => "United Kingdom"
]
"abstract" => array:2 [
"fr" => "This article proposes a comparison between the UK and the Italian rules on Related Parties Transactions. The differences found in the aforementioned systems may reveal complementarities with their ownership structure, both from a qualitative and quantitative point of view. However, the two set of norms are also the products of different underlying logics. Italian rules look adaptable to the needs and features of each company, whereas British rules look more rigid. The sophistication of recently adopted Italian rules potentially allows a dramatic reduction of transaction costs connected to the lacks in disclosure of business information and to mistakes in their assessment. However, such sophistication may well increase legal contracting costs. Our comparison shows as there may be trade-offs between certain categories of transaction costs, which can be reduced through sophisticated legal provisions, and other categories such as those related to legal consulting, which may well be increased precisely as a consequence of legal sophistication. Whereas the task of finding the right equilibrium between different sources of transaction costs may be approached in different ways by different legislators, deterrence may be definitely obtained in a more straightforward way. In this regards the British system still looks comparatively more efficient than the Italian one. This article proposes a comparison between the UK and the Italian rules on Related Parties Transacti "
"en" => "This article proposes a comparison between the UK and the Italian rules on Related Parties Transactions. The differences found in the aforementioned systems may reveal complementarities with their ownership structure, both from a qualitative and quantitative point of view. However, the two set of norms are also the products of different underlying logics. Italian rules look adaptable to the needs and features of each company, whereas British rules look more rigid. The sophistication of recently adopted Italian rules potentially allows a dramatic reduction of transaction costs connected to the lacks in disclosure of business information and to mistakes in their assessment. However, such sophistication may well increase legal contracting costs. Our comparison shows as there may be trade-offs between certain categories of transaction costs, which can be reduced through sophisticated legal provisions, and other categories such as those related to legal consulting, which may well be increased precisely as a consequence of legal sophistication. Whereas the task of finding the right equilibrium between different sources of transaction costs may be approached in different ways by different legislators, deterrence may be definitely obtained in a more straightforward way. In this regards the British system still looks comparatively more efficient than the Italian one. This article proposes a comparison between the UK and the Italian rules on Related Parties Transacti "
]
"authors_fields" => array:2 [
"fr" => "Droit "
"en" => "Business Law"
]
"indexedAt" => "2025-03-30T05:21:41.000Z"
"docTitle" => "Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of British and Italian Law on Related Party Transactions and Corporate Opportunities Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of Br "
"docSurtitle" => "Articles"
"authorNames" => "<a href="/cv/corradi-marco">CORRADI Marco</a>"
"docDescription" => "<span class="document-property-authors">CORRADI Marco</span><br><span class="document-property-authors_fields">Droit </span> | <span class="document-property-year">2012</span> <span class="document-property-authors">CORRADI Marco</span><br><span class="document-property-autho "
"keywordList" => "<a href="#">Related Party Transactions</a>, <a href="#">Self-Dealing</a>, <a href="#">Corporate Opportunities</a>, <a href="#">Agency Costs</a>, <a href="#">Transaction Costs</a> <a href="#">Related Party Transactions</a>, <a href="#">Self-Dealing</a>, <a href="#">Corporate Oppo "
"docPreview" => "<b>Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of British and Italian Law on Related Party Transactions and Corporate Opportunities</b><br><span>2012-05 | Articles </span> <b>Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of "
"docType" => "research"
"publicationLink" => "<a href="#" target="_blank">Corporate Agency Costs in the Shadow of the European Stock Exchanges: A Comparative Assessment of British and Italian Law on Related Party Transactions and Corporate Opportunities</a> <a href="#" target="_blank">Corporate Agency Costs in the Shadow of the European Stock Exchanges: A "
]
+lang: "fr"
+"_type": "_doc"
+"_score": 8.61606
+"parent": null
}
