The convergence of law is a widely discussed and researched phenomenon. In company law the convergence problemacy has often been linked to the so-called Americanization of law which is understood as a phenomenon where foreign law is influenced by American (state or federal) law. Quite often this topic has been approached from a ‘macro’ perspective which leaves some of the research findings somewhat abstract and general. Therefore, in this article, the Americanization of European company law has been analysed utilizing a ‘micro’ perspective. The purpose is to illustrate how and why European company law has been influenced by American corporate law by using the Finnish Limited Liability Companies Act as an example.
European Company Law