What is Allowed and Prohibited in the Use of Funds in a Finnish Limited Liability Company?
A Finnish limited liability company is a specific corporate form governed by strict regulations, particularly the Finnish Companies Act. The use of funds in a limited liability company is [...]
Delving deeper into faux convergence
It is stated that the proliferation of the stewardship code in Asia adds a new layer—faux convergence—to Ronald Gilson’s observations on the distinction between formal and functional convergence. At [...]
Faux Convergence in corporate governance
What is faux convergence? To answer this question, we must first define what convergence means in this context. According to Hansmann and Reinier, there are differences between various corporate systems, [...]
The Legal Problems Raised by Multinational Enterprises (MNEs)
Introduction Multinational Enterprises (MNEs) are powerful entities that operate across borders, influencing economies, politics, and societies on a global scale. While their activities can bring about economic growth, [...]