This Article shows that policies building upon insights from network theory (networksensitive
policies) can address systemic risk more effectively than traditional atomistic policies, also in …

What is the purpose of a corporation? This fundamental question is as old as corporate law
itself, and traditionally it is asked with reference to the ultimate beneficiaries of a …

What kind of models do we need to guide us through the next crisis? If past crises are any
indication, we need to explore new approaches. During the Global Financial Crisis (GFC) …

Corporate groups have been the subject of much research and debate, but mostly focussing
on the position of the controlled company, eg the subsidiaries. There has been less focus on …

There are different ways in which scholars comprehend secularism. According to some
scholars, secularism is the phenomenon in which religion is fully separated from the state …

The insolvency of multinational corporate groups creates a compelling challenge to the
commercial world. As many medium and large-sized companies are multinational …

• Destruction of value as a result of simultaneous (group-wide) enforcement• Group
restructuring is complicated and less efficient due to:(i) the possible existence of a recourse …

Shareholders are the residual claimants on the assets of a corporation. Creditors are fixed
claimants whose interest lies in the solvency of the borrower. Consequently, shareholders …

This book analyses three questions. First, to what extent is there a difference between EU
bank insolvency law and general insolvency law in terms of creditor priority? Secondly, what …

This dissertation assesses the impact of the post-crisis stream of reforms on the corporate
governance of European Banks. The project deals with the EU Directive on Bank Recovery …