A Critical Approach to the Regulation of a Public Corporation's Purchase of its Own Shares on the Open Market: Lessons from the Transatlantic Comparison
CHAPTER I. INTRODUCTION A. Research Question B. Theoretical Framework C. Literature Review D. Research Method E. Research Limitations F. Main Argument and Dissertation Outline
CHAPTER II. REASSESSMENT OF PURPORTED BENEFITS OF OPEN MARKET REPURCHASES AND POTENTIAL DRAWBACKS ARISING FROM THE ABUSE OF OPEN MARKET REPURCHASES IN THE US: A LAW AND ECONOMICS PERSPECTIVE A. Introduction B. An Overview of the Development of Rules Applicable to OMRs in the US C. Purported Benefits of OMRs in the US D. Potential Drawbacks Arising from the Abuse of OMRs in the US E. Interim Conclusion
CHAPTER III. LAW AND ECONOMICS OF OPEN MARKET REPURCHASES IN THE EU IN COMPARISON WITH THE US: CONVERGENCE, DIVERGENCE OR BOTH? A. Introduction B. An Overview of Development of Rules Applicable to OMRs in the EU C. Potential Purposes for EU Companies to Execute OMRs D. Potential Drawbacks Arising from the Abuse of OMRs in the EU E. Interim Conclusion
CHAPTER IV. REFORMING THE RULES ON OPEN MARKET REPURCHASES IN THE US AND THE EU A. Introduction B. Review of Previous Regulatory Proposals on OMRs C. Regulatory Technical Proposals D. Complementary Proposals E. Cost-Benefit Analysis of Proposals on OMRs F. Summary of Recommendations
CHAPTER V. CONCLUSION A. Dissertation Summary B. The Bigger Picture C. Future Remarks
