A comparative perspective on loyalty- and multiple voting shares: regulatory competition in the EU, towards where?
B. Kemp & T. A. Keijzer
What the paper says
In this article, we analyse the growing regulatory competition between EU Member States regarding loyalty and multiple voting shares (MVS). We compare recent legislative developments in seven jurisdictions and examine their approaches to voting ratios, allocation criteria, majority thresholds, agenda limitations, and sunset provisions. Finally, we argue that two distinct models have emerged — ex ante regulation and ex post judicial review — and reflect on the legal uncertainty and reputational risks each entails.
Evidence weight
0.50
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.