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The European private company: an opportunity from an economic crisis?

dc.contributor.authorLewis, Rhidianen
dc.contributor.authorBuzdrev, Aleksandaren
dc.contributor.authorMortimer, Thomas Richarden
dc.date.accessioned2016-01-21T11:53:30Zen
dc.date.available2016-01-21T11:53:30Zen
dc.date.issued2013-04en
dc.identifier.citationLewis, R., Buzdrev, A., Mortimer, T.R. (2013) 'The European Private Company: An Opportunity from an Economic Crisis?' International Journal of Humanities and Social Science 3 (8) 106-113en
dc.identifier.issn2220-8488en
dc.identifier.urihttp://hdl.handle.net/10547/594471en
dc.description.abstractThe European Commission is undertaking a legal modernisation initiative in order to facilitate small and medium-sized enterprises in unlocking their full potential as active players on the Single Market, being also the backbone of the Union’s economy. The flagship of this initiative is going to be a novel European legal form - the European Private Company (EPC) or as it is known the Societas Privata Europea (SPE). Designed as an instrument to do business in the Single Market the SPE aims to be transparent, flexible and offer a strong label everywhere. As with the Societas Europea, there are certain gaps in the SPE Statute, which prompt for the application of national laws. This could result in 27 different SPE forms in the EU, which leads to financial implications regarding the formation and day-to-day operations of the company. A detailed exploration of the corporate finance issues is followed by plausible solutions based on corporate governance theories.
dc.language.isoenen
dc.publisherCenter for Promoting Ideasen
dc.relation.urlhttp://www.ijhssnet.com/journal/index/1765en
dc.subjectEuropean private companyen
dc.subjectSocietas Privata Europea Regulatory Competitionen
dc.subjectcorporate financeen
dc.subjectEuropean Community Forms of Incorporationen
dc.subjectEuropean company lawen
dc.titleThe European private company: an opportunity from an economic crisis?en
dc.typeArticleen
dc.identifier.eissn2221-0989en
dc.contributor.departmentAnglia Ruskin Universityen
dc.contributor.departmentCanterbury Christchuch Universityen
dc.identifier.journalInternational Journal of Humanities and Social Scienceen
html.description.abstractThe European Commission is undertaking a legal modernisation initiative in order to facilitate small and medium-sized enterprises in unlocking their full potential as active players on the Single Market, being also the backbone of the Union’s economy. The flagship of this initiative is going to be a novel European legal form - the European Private Company (EPC) or as it is known the Societas Privata Europea (SPE). Designed as an instrument to do business in the Single Market the SPE aims to be transparent, flexible and offer a strong label everywhere. As with the Societas Europea, there are certain gaps in the SPE Statute, which prompt for the application of national laws. This could result in 27 different SPE forms in the EU, which leads to financial implications regarding the formation and day-to-day operations of the company. A detailed exploration of the corporate finance issues is followed by plausible solutions based on corporate governance theories.


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