ASSESSMENT OF THE EFFECTIVENESS OF LEGAL SOLUTIONS INTRODUCED IN FRANCE IN RESPONSE TO THE FINANCIAL CRISIS. SELECTED LEGAL ISSUES
ASSESSMENT OF THE EFFECTIVENESS OF LEGAL SOLUTIONS INTRODUCED IN FRANCE IN RESPONSE TO THE FINANCIAL CRISIS. SELECTED LEGAL ISSUES
Author(s): Michał MariańskiSubject(s): National Economy, Law on Economics, Financial Markets
Published by: Wydawnictwo Uniwersytetu Jagiellońskiego
Keywords: financial market; financial crisis; French law; income tax; protection of shareholders;
Summary/Abstract: This contribution deals with the selected legal provisions that were introduced by French governmentas a response to the financial crisis from 2008.The main aim of the contribution is to confirm or disprove the hypothesis that some of the measureslike loi Florange (double vote right) have a certain effectiveness while others like high revenuesincome tax have no positive impact on economy.The author in about 10 years perspective is going to analyse the impact of chosen legal solutions onthe French economy and evaluate the effectiveness of the solutions related to the increase of thetax charges and solutions related to protection of long term shareholders of companies listed on thestock exchange.The scientific methods that are used in the article are related to the functional approach of thecomparative legal method, the historical-descriptive method and dogmatic method. The methodologyin the article is chosen in order to show that French legal solutions may constitute an interestingreference to other EU countries as an example of the possible response to the future financial crisises.
Journal: Financial Law Review
- Issue Year: 33/2024
- Issue No: 1
- Page Range: 48 - 61
- Page Count: 14
- Language: English
