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Comparative Analysis of Takeover in Nigeria, United Kingdom and USA
Angličtina
105 b
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A company is a complex whole, so are its challenges. Among the several challenges facing a modern corporation are conflict of interests and issues of accountability . Managers may promote certain corporate objectives that may not be in the interests of the company. The existence of these challenges and the threats that they pose to corporate values led to the development of internal systems of corporate control which is represented by the board of directors of the company. Takeover as defined by the Investment and Security Act 2007 (ISA) is the acquisition by one company of sufficient shares in another company to give the acquiring company control over that other company. The regulatory framework for takeovers in the United Kingdom is similar with Nigeria system in terms of responding to the identical challenges of takeovers as it affected the shareholders and the employee interest. The regulatory framework for takeovers in the United Kingdom and Nigeria include a combination of statutory and administrative rules which is not similar to that of United States of America .
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Angličtina
