The Evolution of Corporate Law in Canada : Towards Regulatory Competition?
Stéphane Rousseau, « The Evolution of Corporate Law in Canada : Towards Regulatory Competition ? », dans A. Prüm, dir., Cent ans de droit luxembourgeois des sociétés, Bruxelles, Larcier, 2016, p. 335-347.
The paper argues that supply-side competition in corporate law has finally arrived in Canada. Starting with the reform of the dated Québec Companies Act, governments across the country have started to take corporate law seriously and have shown an increasing awareness towards the competitiveness of their corporate statutes. Given that most of these initiatives are still unfolding, we have yet to see what will be the level of intensity of supply-side competition in Canada. It is also unclear whether these reforms will translate into a race to the bottom or to the top, though most proposals appear so far to be shareholder-friendly.
Ce contenu a été mis à jour le 11 décembre 2019 à 11 h 23 min.