Corporations and Mergers and Acquisitions (M&A) provide excellent case studies for Law & Economics. This special track deals with these two subjects. We will deal with the underlying causes of the financial crisis and with the economic, legal and financial aspects of Mergers & Acquisitions. This is a very suitable course for students who are keen to appreciate an international, non-mainstream, multidisciplinary and interactive approach to Corporate Governance and M&A.
During the first part of this course, we will deal with the underlying causes of the financial crisis which were partly attributed to failures and weaknesses in corporate governance arrangements. Measures have been taken in order to stimulate boards and shareholders to pursue long-term strategies.
We will deal with the question whether these measures will work out and will prevent short-termism and excessive risk taking, both from an economic and a legal perspective.
In the second part of this course, we will deal with the economic, legal and financial aspects of Mergers & Acquisitions.
This course aims to increase the understanding of merger dynamics, determinants, effects and merger policy. Is M&A a means to consolidate and expand the market position and to increase efficiency? We will explore the “merger paradox” extensively and we will participate in a negotiation training workshop following the Harvard Principled Negotiation method.