Principles of corporate finance law:
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Oxford
Oxford University Press
2014
|
| Edition: | second edition |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis Klappentext |
| Physical Description: | XLVIII, 477 Seiten |
| ISBN: | 9780199671359 9780199671342 |
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| 245 | 1 | 0 | |a Principles of corporate finance law |c Eilís Ferran and Look Chan Ho |
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Contents
Table
of
Cases
xix
Table
of Legislation
xxxv
List of Abbreviations
xlvii
I. OVERVIEW
1.
The Regulatory Framework
3
Scope of the Book
3
Types of Company Limited by Shares
4
The Regulatory Framework for Corporate Finance
7
Legislation
7
Internal constitutional instruments
о
Case law
9
Codes and guidelines
10
2.
Use and Abuse of the Corporate Form as a Vehicle
foť
Raising
Finance and Managing Financial Risk
І і
Issues Considered in this Chapter
1.1
Distinctive Features of the Company Limited by Shares
l'A
Separate legal personality I
2
Piercing the veil of incorporation
13
Limited liability
1
S
Promotion of entrepreneurial activity
17
Passive investment
17
Portfolio diversification
18
Cost of capital
19
Transferability of shares
20
Tort liabilities
20
The Corporate Group
21
The recognition of corporate groups in company law
27,
The definition of the corporate group for accounting purposes
22
The definition of the corporate group for other purposes
75
Substantive company law and the corporate group:
a generai
overview
76
Insolvency within a corporate group
2-8
Alternatives to piercing the veil: agency
32
Alternatives to piercing the veil: contractual guarantees
УЛ
Alternatives to piercing the veil: tort claims against other companies
Alternatives to piercing the veil: Insolvency Act
,1986
Is the law on corporate groups deficient?
35
3.
Capital StruLci.or^- Fmidamtmtal. Legal, Accoitxiting, ?md Fixiancmg
Consklerauouu
47
Scope of this Chapter
42
Share Capital Terminology
42
Accounting for an Allotment of Ordinary Shares
44
Characteristics of Ordinary Shares (Common Equity)
45
Dividends
45
Capital gains and risk
46
viii Contents
Voting rights
46
Common equity and financial regulation
46
Debt Finance Terminology
47
Characteristics of Simple Debt
49
Interest
49
Capital gain and risk
49
Control
49
Hybrid Securities in Outline
50
Valuation of Securities
51
Shares
51
Net asset value
52
Dividend valuation
52
Free cashflow valuation
52
Debt securities
52
Cost of capital
53
Capital Structure
54
Sources of Corporate Finance in the UK
57
Bank lending and its importance for SMEs
57
Sources of External Equity for SMEs and the Role of Venture Capital
58
Capital Markets: A Funding Source for Large
Companie:;
59
Efficient Capital Markets
60
Measuring and assessing financial performance: company accounts
62
Statutory financial disclosure framework for UK companies: an overview
63
Additional financial disclosure framework under FCA Disclosure and
Transparency Rules
66
Additional financial disclosure framework for other publicly traded companies
67
II. LEGAL CAPITAL
4.
Formation of Share Capital
71
Scope of this Part
71
Minimum Price of Individual Shares: Par Values
71
Minimum Capital
75
Denomination of minimum capital
79
Is any valuable purpose served by minimum capital requirements?
80
Allotted, Issued, and Equity Share Capital
82
Allotted share capital
82
Authority to allot shares
83
Registration of allotment and return of allotments
83
issued share capital and issued shares
84
Equity share capital.
85
Payment for Shares
85
Introduction
oí)
Paie!
up share capital
86
Called up share capital
86
Cash consideration for
nhaľcs
87
Shares must not
Ъе.
issued at a discount
87
The no-discount rule and convertible securities
88
Hie no-discount rule and underwriting commissions
89
Regulation of
non
-cash consideration for shares
89
Public companies must not accept an undertaking to do work or perform
services as consideration for shares
90
Contents ix
Public
companies must not accept undertakings to be performed in the
future as consideration for their shares
91
Valuation of non-cash consideration for shares in a public company
92
Takeover exemption
94
Mergers exemption
94
Relaxation of the independent valuation requirement by the
2006
amending
Directive
94
Liability of subsequent holders
95
Relief from liability
95
Criminal liability for breach of rules relating to payment for shares
97
Share Premiums
97
Determining the issue price
97
Treatment of share premiums
97
Permissible uses for share premiums
98
Bonus issues
98
Expenses and commissions on an issue of shares
99
Share premiums and
non
cash consideration
99
Group reconstruction relief
100
Merger relief I
00
Statutory reliefs and accounting requirements
102
Importance of group reconstruction and merger relief
103
Other reliefs I
03
Other Capital Contributions 1
03
Stock
103
5.
Share Allotments
105
Scope of this Chapter
105
Regulating Share Issuance Activity: Striking a Balance
105
The Case for Special Protection of Shareholders' Interests
106
Wealth transfers
106
Protection against dilution
108
Distortion of market for corporate control or other unconstitutional
behaviour by directors
109
Abuse of majority shareholder power
109
Shaping a balanced policy response
110
Shareholder Empowerment under the Companies Act
2006 11
I.
Private company with a single class of shares
11 2
Authorization by company
í
I
3
Statutory Pre-emption Rights under the Companies
Леї
2006
I. í
4
Pre-emption rights in relation to 'allotments5 of'equity securities': definitions
J J
4
Tlie
operation of the statutory pre-emption rights procedure
I. i 'J
Consequences of
non
compliance with statutory rights 11
6
Shareholders who do not take up (or soil) subscription rights
! ['/
When statutory pre-emption rights do not apply
1
Ľ/
Vendor placings
1
i V
Cashbox structures I
18
Disapplication
of
Pre- frniptiou
Rights: All Companies
119
Disapplications
for die purposes of making, a rights issue or open offer
í
20
Timing
120
Fractions
12
і
Overseas shareholders
122
Open offers
124
Disapplications
for placings
125
χ
Contents
Disapplication or
Exclusion
of Pre-emption Rights: Private Companies
126
Other Formalities in Relation to Share Allotments
126
6.
Classes of Shares
128
Scope of this Chapter
128
The Legal Nature of a Share
129
Financial Incidents of Shares: Capital and Dividends
130
What financial entitlements do investors in shares acquire? The position of
holders of ordinary shares
130
Default
capitai
rights of ordinary shares
130
Default dividend rights of ordinary shares
131
What financial entitlements do investors in shares acquire?
lhe
position of
holders of preference shares
132
Default capital rights of preference shares
133
Default dividend rights of preference shares
134
Enfranchisement when preferential dividends are in arrears
135
Payment of accumulated unpaid cumulative preferential dividends
136
What financial entitlements do investors in shares acquire? The position of
holders of redeemable shares
136
Incidents of Shares:
Transferabil
ity
138
Incidents of Shares: Voting Rights
138
The Juridical Nature of the Relationship Between a Company and its
Registered Shareholders
138
Variation of Rights Attaching to Shares
141
Provision for entrenchment
141
Identifying a class of shares
142
Golden shares
143
Rights conditional on
holdinga
specified percentage shareholding
143
Shares with different par values
144
Shares on which different amounts have been paid up
144
When class distinctions matter
145
Variation of class rights
145
What is a right attached to a class of shares for this purpose?
145
What is a 'variation' of a right attached to a class of shares?
146
Variation of rights by enhancement
149
The procedure for variation of class rights
149
Voting to alter class rights
—
a fettered power?
150
Statutory protection of minorities in a class of shareholders
151
Class rights and reduction of capital
152
Class rights and
rédemption
of shares/share buy-backs
154
7.
Maintenance arid Reduction of Capital
155
Protection of
Creditore'
interests: Introduction
155
Questioning the value of the legal capital doctrine
.1.56
The Development of the
Maintenance
of Capital Regime in the UK
159
Application,
of the common law rule prohibiting the return of capital to
shareholders
160
An unlawful return of capital is ultra vires
161
The doctrinal, test for distinguishing between genuine transactions and
disguised distributions
163
Gratuitous dispositions to third parties and directors' duties
163
Reduction of Capital under the Statutory Procedures
165
Why reduce capital?
165
Contents xi
Forms of reduction of capital sanctioned by the Companies Act
2006 166
Limitation on the use of solvency statement reduction of capital procedure
166
The Court Approval Procedure
167
Special resolution of the shareholders
167
The oversight of the court in respect of creditors' interests
167
The oversight of the court in respect of shareholders' interests
168
General powers of the court
169
Registration
169
Where allotted capital is reduced below the authorized minimum
170
Effect of a court-approved reduction of capital
170
Reduction of Capital under the Solvency Statement Procedure: Private
Companies Only
170
Special resolution of the shareholders and class consents
170
Solvency statement
171
Contents of solvency statement
171
Sanctions in respect of false solvency statements
172
Registration requirements relating to the solvency statement procedure
172
Effect of a reduction of capital under the solvency statement procedure
172
Reductions of Capital and Schemes of Arrangement: Two Case Studies
172
Re
Unią
* 174
Cape Group
175
Exceptional Reduction of Capital Procedures
176
Reduction of capital following redenommaiion of shares
176
Reduction of capital pursuant to an order of the court I
76
Reduction of
capitai in
respect of forfeited or acquired shares
176
8.
Share Buy-backs and Redeemable Shares
178
Introduction
178
Arguments For and Against Allowing Companies Share
Buy-back/Redeemable Share Issuance Powers
178
To attract external investors
178
To facilitate exit
179
To structure a temporary loss of control
179
To return value to shareholders
179
To address principal-agent concerns
180
To give information signals
180
To achieve a target capital structure
18]
To expand the range of financing options
I o
1
To buy back redeemable shares at a discounted price
181
To facilitate the organization of employee share schemes
lol
To achieve an informal reduction of capital
.1
o2
To defend against a takeover or to deal with dissident shareholders
132
To stabilize the share price I u3
Consideration by Review Bodies
і
03
The European Dimension
184
Excessive Deregulation?
186
General Statutory Rule in the Companies Act
2006
Against a Company
Acquiring Its Own Shares
187
Share Buy-backs
—
Authorizations Required by the Companies Act
2006 188
Market
ρ
urchase
188
Ordinary or special resolution?
189
Off-market purchase
189
Significance of procedural requirements
191
Other Statutory Restrictions on the Terms and Manner of Buy-backs
191
xii Contents
Accounting for a Share Buy-back
192
Treasury Shares
193
Buy-back of Own Shares Out of Capital or from Cash: Private
Companies Only
194
Statutory Modification of Contractual Matters Relating to Share Buy-backs
197
FCA Regulatory Requirements Relating to Share Buy-backs
197
Takeover Code Implications of Share Buy-backs
199
The Authorizations Required for an Issue of Redeemable Shares
199
Other Requirements of the Companies Act
2006
Relating to Redemption
of Redeemable Shares
200
Class Rights Issues Relating to Share Buy-backs and Redeemable Shares
200
Share Buy-backs and Redeemable Shares and Protection of Minorities
201
9.
Distributions to Shareholders
202
Investor Expectations
202
Determinants of Dividend Policy
203
Dividend policy and market value
203
Dividend policy, information asymmetries, and signalling
204
Dividend policy, principal-agent problems and agency costs
205
Regulation of Dividend Policy Decisions
207
An overview of the regulatory response to agency problems relating to
shareholders
207
An introduction to the regulatory response to agency problems in
relation to creditors
211
Statutory Regulation of Distributions
212
What is a 'distribution'?
212
Profits available for distribution
215
Additional requirement for public companies
215
Relevant accounts
216
Choice of accounting regulatory framework
217
Accounting profits and profits available for distribution
218
Generally accepted principles with respect to the determination of realized
profits or losses
218
Dividend payment procedure
220
Unlawful Distributions
221
When is a distribution unlawful?
221
Other restrictions on dividends
222
Liability consequences of unlawful dividends
223
Directors' liability
223
Shareholder liability
224
Directors' claims against recipient shareholders
226
Other Issues
226
Scrip dividends
226
Dividend reinvestment
plít
us
227
Intra
group distributions
227
(nira-group
transactions and principles of realization
227
Intra
-group
transferí;
or assets at an undervalue
228
Further Reform
ľ
229
10.
Financial Assistance
232
Prohibition on the Giving of Financial Assistance—Some Preliminary Issues
232
What is 'financial assistance' law?
232
Legislative history
232
Contents xiii
Who is protected by the ban?
234
Why is the Giving of Financial Assistance Banned?
234
Objections to leveraged takeovers/buyouts
234
Market manipulation
234
Unconstitutional conduct by management
235
Maintenance of capital and 'detriment'
235
Is the Ban on the Giving of Financial Assistance Justified?
236
Technical problems
236
Policy concerns
236
Outline of the Legal Framework
239
'Definition' of Financial Assistance
239
'Financial assistance' is not a technical term
239
Recent cases applying the test of commercial substance and reality
240
Forms of financial assistance that are prohibited
242
Financial assistance given by way of gift
242
Financial assistance given by way of guarantee or security
243
Financial assistance given by way of indemnity
244
Financial assistance given by way of release or waiver
244
Financial assistance given by way of loan
245
Financial assistance given by way of any other agreement under which the
obligations of the person giving the assistance are to be fulfilled at a time
when, in accordance with the agreement, any obligation of another party to
the agreement remains unfulfilled.
245
Financial assistance given by way of novation of, or assignment of rights arising
under, a loan or such other agreement
245
Any other financial assistance given by a company the net assets of which are
thereby reduced to a material extent
246
Any other financial assistance given by a company which has no net assets
247
Circumstances in which the Giving of Financial Assistance is Prohibited
247
An acquisition
247
The ban relates only to an acquisition of shares
248
The ban applies only to public companies and their subsidiaries
248
77te status of the company whose shares are acquired
249
lite status of the company providing the assistance
249
The acquirer of the shares
249
Must the acquirer be known to the company providing the assistance at the
time when the assistance is given?
250
The assisted person
—
direct and indirect financial assistance
251
The
Рш-роѕе(ѕ)
for which Financial Assistance is Given
252
The causal link
252
Mixed purposes
'λΙΥΛ
Brady
ν
Brady 2:>4
Reversing Brady
255
Examples of a larger or principal purpose
λ'κ)
Good
fai
th
2 ' >(>
U
ncondit
io nai
Exec ptitms
256
Distributions
'Mj/
Bonus
issues '2,'S/
Other unconditional exceptions
2'ï/
Conditional Exceptions
2ÍV/
Exception for money-lending businesses
258
Exception for employee share purchases
259
Criminal Sanctions for Unlawful Financial Assistance
260
Civil Consequences of Unlawful Financial Assistance
261
xiv Contents
The invalidity of the financial assistance transaction
261
Validity of the acquisition of the shares
262
Claims against directors
262
Liability of other parties
263
Accessory liability
263
Recipient liability
264
Tfte tort of conspiracy
265
Unjust enrichment
265
Disqualification
265
III. DEBT CORPORATE FINANCE
11.
Debt Corporate Finance-General Considerations
269
Scope of this Part
269
Unsecured Lending Overview
269
Overdrafts
271
Term Loans
274
Principal
275
Interest
277
Conditions precedent
280
Representations and warranties
28
í
Covenants
282
Reporting covenants
285
financial covenants
286
Disposals of assets covenant
287
Change of business covenant
288
Negative pledge covenant
288
Implied covenants
292
Events of default
293
Debt Finance and Corporate Governance
295
12.
Secured Debt
301
Advantages of Being a Secured Creditor
301
Economic Perspectives on Secured Debt
302
Policy
—
Dominance of Freedom of Contract
304
Consensual Security Interests
306
Grant and reservation
—
fundamental legal distinctions
306
Security interests are defeasible interests
308
A security interest is an interest in the chargor's property
Lo
secure a debt
309
Security on future property
310
The Subject Matter of a Security Interest-
-·
Forms of Property that
Can Be Used as Security
312
Forms of Consensual Real Security
313
Pledge and lien
314
Mortgage
315
Charges
317
Fixed and Floating Charges
.
a Comparison
oí
Their
Џ.
ι
ry
Features
318
Fixed charges
318
Floating charges
319
The Nature of the Floating Charge
321
Establishing Whether a Charge is Fixed or Floating
323
Contents xv
Classification of a Charge as Fixed or Floating and the Nature of the
Secured
Ρ
rop
e
rty™
Charge
s on
Book Debts
327
Implications
of Agnew and Spectrum for Other Asset Classes
331
Assessment of the Post-Spectrum Position
333
Crystallization of a Floating Charge
334
Drafting of automatic crystallization clauses
336
Automatic crystallization and third parties
336
Priority Rules for Competing Interests in the Same Property
337
Competing interests in tangible personal property
338
Priority rules for competing interests in intangible property
339
Priority of purchase money security interests
340
Registration of Charges
—
Outline of Requirements
341
Registration Requirements
—
Detailed Aspects
342
Charges requiring registration
342
The registration requirement
343
The role of the registrar and the issue of the certificate of registration
343
Registration and notice
344
Non
-registration
345
Late registration
346
Clearing the register- -memoranda of satisfaction
346
Modification of registration requirements for financial collateral
346
Reform
346
IV. CAPITA], MARKETS FINANCE
13.
Public Offers and Listings of Equity Securities
351
Scope of this Part
351
Reasons for Going Public
351
Where to List? International Choice
357
Where to List? National (UK) and Regional
(EU)
Choice
359
EU
Capital Market Regulation
360
Giving Effect to
EU
Law in the UK: An Introductory Outline
363
Official Listing
—
Its Continuing Significance in the UK
364
Premium and standard listing
364
Listing principles
366
Premium listing: sponsor requirements
367
Premium listing: continuing obligations
567
Enforcement of the Listing Rules
368
Standards for Admission to Trading on AIM
369
Forms of Public Offer of Shares
370
Offer for subscription
У/'\
Offer for
cale
'У/'і
Placings and intermediaries offers
''>'/
I
Determining the Issue Price- -Underwriting and
ßoofcbuiklmg 37
t
lhe
Principle of Mandatory
Prospectus
Disclosure
373
'lhe
Operation of the Mandatory Prospectus Disclosure Regime
374
When is a prospectus required?
374
Prospectus form and contents
376
Single or
tripartite
prospectus
376
Prospectus Directive Regulation: schedules and building blocks
376
Proportionate disclosure—SMEs and Small Caps
3 77
xvi Contents
Proportionate disclosure
—
certain secondary issues
378
Maximum, harmonization
379
ESMA recommendations and Q&A
380
General duty of disclosure
380
Incorporation by reference
381
Prospectus summaries
381
Missing details
382
Financial information in prospectuses
382
Language requirements
383
Supplementary prospectuses
384
Withdrawal rights
384
Prospectus approval
384
Prospectus publication
385
Advertisements, pathfinder prospectuses, and mini prospectuses
386
Enforcement of Securities Laws Regulating Public Issues and Admission
to Trading
—
Overview
388
Civil Liability in the UK for Defective Prospectuses
—
Rescission
of Contracts
390
Civil Liability for Defective Prospectuses
—
Compensation Claims
392
Potential claimants
393
Persons who can be sued
395
Defences to liability
397
Liability in respect of prospectus summaries
398
Elements of the claim
398
Loss causation
398
Investor's knowledge of falsehood
398
Knowledge of falsehood by the persons responsible for the statement
399
Liability for silence
399
Amount of compensation
399
Civil Liability for False Prospectuses
—
Assessment
401
Administrative Sanctions for Defective Prospectuses
402
Criminal Liability for Defective Prospectuses
403
Public Offers of Securities by Private Companies
404
Crowdfunding
406
Periodic and Episodic Disclosure Obligations of Listed and Quoted
Companies
406
Issuer Disclosure Obligations Derived from the Transparency
Obligations Directive
407
Periodic financial reporting obligations
407
Other continuing obligations derived from the Transparency Obligations
Directive
408
Annual Corporate Governance Disclosures by Issuers Admitted to
Trading on a Regulated Markfii:
409
Periodic Disclosure by AIM Issuers
409
Episodic Disclosure Obligations
409
Civil Liability for Periodic and Episodic Disclosures
410
Administrative
arici
Criminal Sanctions
413
i d,
і ні
с«
uai
kmul Equity Offerings «ad
У,Шїп9р
414
Introduction
414
Strategies for Developing a Regulatory Framework for
11
1
1
er
national Offerings
415
(
kuwerwmce
416
Contents xvii
Equivalence,
mutual
recognition, and substituted compliance
417
Equivalence
417
Mutual recognition
418
Substituted compliance
419
Regulatory competition
419
Private placement exemptions
420
Developing a Regulatory Framework for International Equity Issuance
Activity: The Practical Application of International Standards
421
IOSCO international disclosure standards for non-financial information
421
The International Accounting Standards Board and International Financial
Reporting Standards
423
Transatlantic adoption oflFRS
424
IFRS and equivalence
427
Other examples of equivalence and mutual recognition/substituted compliance
arrangements
42
о
A Genuine Single Regulatory Regime for Cross-border Offers and Listings
of Securities: The
EU
Passport
43
J
Obtaining a passport
43
I
Public oversight of
EU
prospectus requirements: ensuring cross-border
supervisory consistency
432
EU-level supervision of capital market activity: a brief overview of its
development from
2000 433
Liability for issuer disclosures-
-graduai
closing of a gap in the cross-border
standardization agenda?
43.5
Listing Requirements and Concessions for Foreign Issuers 43o
Listing of shares or depositary receipts
438
Category of listing and market segment
438
FTSE UK Index Series
439
Controversial London listings of foreign-based companies
439
Cross-border Share Issuance Activity Without a Passport
—
Making Use
of Exemptions in
EU
Law
440
EU
prospectus exemptions for international private placements
441
A Brief Transatlantic Comparison
442
Public offers and listings
442
US exemptions for international private placements
443
Regulation S: sales and resales outside the US
443
Private placements and Regulation
D
445
Rule 144A: resales of restricted securities to qualified institutional buyers 44.1>
Corporate Bonds
44/
introduction
447
Bonds and Issuers' Capital Structure and Financing Choices
440
Terms of Bonds
450
Interest
45
1
Maturity
452
Ranking
452
Covenants
453
(
Conversion lights
454
Structure of Bond Issues
456
fisting and issuance of Bonds
45tí
Li sting of bonds
458
Regulation of the issuance process
458
I Ixdiaj
igt.·
regulated markets for bonds
461
Stabilization
462
xviii Contents
Restrictions on
general
solicitation
462
Secondary Market Trading of Bonds: A Brief Note on Topical Issues
463
OTC trading
463
Transparency of secondary bond markets
464
Clearing and settlement
464
Index
467
Corporate finance theory seeks to understand how
iücórppxated
firms address the financial
constraints that affect their investment decisions, This is achieved by using Varied financial
instruments1 that give holders different claims on the firms assets, Recent scholarship in this
area explores precisely how legal mechanisms atfect corporate finance and the development of
financial markets. The legal environment is crucially important in explaining the choices that
companies make about their capital structure.
This book combines company law, capital market regulation and commercial law to give
readers a detailed understanding of the legal and regulatory issues relating to corporate
financial transactions. Informed by insights from the theoretical and empirical work of
financial economists, the book examines, from a legal perspective, the key elements of
corporate financing structures and capital markets in the UK, The authors'practical
experience of transactions and regulatory issues ensures that thorough scholarly inquiry and
critical reflection are complemented by an assured understanding of the interface between
legal principles and rules as they are documented and in their actual operation. |
| any_adam_object | 1 |
| author | Ferran, Eilís 1962- Ho, Look Chan |
| author_GND | (DE-588)1028951426 (DE-588)1022729462 |
| author_facet | Ferran, Eilís 1962- Ho, Look Chan |
| author_role | aut aut |
| author_sort | Ferran, Eilís 1962- |
| author_variant | e f ef l c h lc lch |
| building | Verbundindex |
| bvnumber | BV042143566 |
| classification_rvk | PU 4364 QP 700 |
| ctrlnum | (OCoLC)895528294 (DE-599)BVBBV042143566 |
| discipline | Rechtswissenschaft Wirtschaftswissenschaften |
| edition | second edition |
| format | Book |
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| geographic | Großbritannien (DE-588)4022153-2 gnd |
| geographic_facet | Großbritannien |
| id | DE-604.BV042143566 |
| illustrated | Not Illustrated |
| indexdate | 2025-01-02T11:47:41Z |
| institution | BVB |
| isbn | 9780199671359 9780199671342 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027583494 |
| oclc_num | 895528294 |
| open_access_boolean | |
| owner | DE-19 DE-BY-UBM DE-M382 DE-739 DE-11 |
| owner_facet | DE-19 DE-BY-UBM DE-M382 DE-739 DE-11 |
| physical | XLVIII, 477 Seiten |
| publishDate | 2014 |
| publishDateSearch | 2014 |
| publishDateSort | 2014 |
| publisher | Oxford University Press |
| record_format | marc |
| spelling | Ferran, Eilís 1962- Verfasser (DE-588)1028951426 aut Principles of corporate finance law Eilís Ferran and Look Chan Ho second edition Oxford Oxford University Press 2014 XLVIII, 477 Seiten txt rdacontent n rdamedia nc rdacarrier Europäische Union (DE-588)5098525-5 gnd rswk-swf Recht (DE-588)4048737-4 gnd rswk-swf Corporate Finance (DE-588)4269795-5 gnd rswk-swf Finanzierungstheorie (DE-588)4154418-3 gnd rswk-swf Großbritannien (DE-588)4022153-2 gnd rswk-swf Europäische Union (DE-588)5098525-5 b Corporate Finance (DE-588)4269795-5 s Finanzierungstheorie (DE-588)4154418-3 s Recht (DE-588)4048737-4 s Großbritannien (DE-588)4022153-2 g 1\p DE-604 Ho, Look Chan Verfasser (DE-588)1022729462 aut Digitalisierung UB Passau - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027583494&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Passau - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027583494&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Ferran, Eilís 1962- Ho, Look Chan Principles of corporate finance law Europäische Union (DE-588)5098525-5 gnd Recht (DE-588)4048737-4 gnd Corporate Finance (DE-588)4269795-5 gnd Finanzierungstheorie (DE-588)4154418-3 gnd |
| subject_GND | (DE-588)5098525-5 (DE-588)4048737-4 (DE-588)4269795-5 (DE-588)4154418-3 (DE-588)4022153-2 |
| title | Principles of corporate finance law |
| title_auth | Principles of corporate finance law |
| title_exact_search | Principles of corporate finance law |
| title_full | Principles of corporate finance law Eilís Ferran and Look Chan Ho |
| title_fullStr | Principles of corporate finance law Eilís Ferran and Look Chan Ho |
| title_full_unstemmed | Principles of corporate finance law Eilís Ferran and Look Chan Ho |
| title_short | Principles of corporate finance law |
| title_sort | principles of corporate finance law |
| topic | Europäische Union (DE-588)5098525-5 gnd Recht (DE-588)4048737-4 gnd Corporate Finance (DE-588)4269795-5 gnd Finanzierungstheorie (DE-588)4154418-3 gnd |
| topic_facet | Europäische Union Recht Corporate Finance Finanzierungstheorie Großbritannien |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027583494&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027583494&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
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