Tobias Kahnert explores the effectiveness of central and decentral legislation and analyzes whether a privately designed European Model Company Act or the use of the soft-law based open method of coordination would have any impact on the modernization of European corporate law.

European corporate law is no longer exclusively shaped by top-down regulation. Over time, the instruments of lawmaking have become more flexible. Tobias Kahnert explores the effectiveness of central and decentral legislation and analyzes whether a privately designed European Model Company Act would have any impact on the modernization of European corporate law. The study also focuses on the proposal to make use of the soft-law based open method of coordination for the purposes of corporate lawmaking.