Kapitalmarktrecht und seine ökonomischen Grundlagen

(WiSe 2019/20)

Listed companies have been at the heart of the corporate governance debate for the past decades. These companies tend to be economically important and well known. But they also raise complex governance challenges because of their broad and diverse shareholder base. The course will look at these major companies and the inherent agency conflicts between company insiders (management, controlling shareholders) and outside shareholders. From a legal perspective, this raises important issues under corporate law and securities regulation. The course will look into both the economic and legal aspects. It is taught jointly by Jochen Bigus (a professor of accounting from the Business School) and Andreas Engert (a professor of corporate and securities law at the Department of Law).