The paper explores the decline in publicly listed stock corporations in Germany. A special focus is on start-up finance, on companies that choose the US for their IPO and on over-regulation. It identifies more efficient corporate finance offerings and the attractiveness of Germany in global competition as core policy goals. Against the background of current efforts in the US and the Netherlands, the paper discusses various deregulatory strategies. Then, the paper zooms in on limits of this strategy, and on investigating the “buy side”. Concluding thoughts go to institutional reform of European securities market oversight.
Zeitschrift für Unternehmens- und Gesellschaftsrecht (ZGR), Vol. 53, Issue 2-3,
2024
