Guidance

Limiting the rights of short-term shareholders during takeover bids: practical and legal issues

Note from round table discussion with expert stakeholders about the possibility of limiting the rights of short-term shareholders during a takeover bid.

Detail

Discussion with expert stakeholders about the possibility of limiting the rights of short-term shareholders during a takeover bid. The discussion concluded that it would be extremely difficult to introduce this policy measure because of a series of legal and technical issues. It also concluded that the measure would not prevent short-term shareholders influencing a takeover bid.

Kay review of UK equity markets and long-term decision making: implementation progress report

Metrics and models used to assess company and investment performance