Le società quotate

Translated title of the contribution: [Autom. eng. transl.] Listed companies

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

[Autom. eng. transl.] The chapter critically illustrates the regulation of listed companies with public participation. The first part deals with the very fragmented discipline that existed before the entry into force of the Consolidated Law on Public Companies, including the transition from the "golden share" to the "golden power" of the State relative to companies operating in sectors relevant to the national interest . In the following paragraphs, the chapter examines the legal framework created by the Consolidated Law, based on the complex definition of public listed companies provided therein. The Consolidated Law confirms the previous regulatory approach, consisting in exempting the companies in question from the application of most of the special rules dedicated to public companies. However, it has various critical aspects, including the lack of clarity regarding the delimitation of the companies receiving the regulations for listed companies and the application to them of certain provisions of the aforementioned Consolidated Law. THERE. he also complains that some provisions prior to the Consolidation Act have not been repealed and in particular some provisions of "poison pills", which make the transfer of control from public shareholders to private shareholders an almost impossible operation.
Translated title of the contribution[Autom. eng. transl.] Listed companies
Original languageItalian
Title of host publicationLe società a partecipazione pubblica. Commentario tematico ai d.lgs. 175/2016 e 100/2017.
EditorsDemuro I. Ibba C.
Pages485-526
Number of pages42
Publication statusPublished - 2018

Publication series

NameLE RIFORME DEL DIRITTO ITALIANO

Keywords

  • società quotate partecipazione pubblica

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