Defensive measures adopted by the board: Current European Trends by Paulo Câmara * Deputy Director, Primary Markets Division, Portuguese Securities Markets Commission Assistant Professor, Lisbon Faculty of Law E-Mail: Pcamaramartins@Cmvm.Pt Company Law Reform in OECD Countries A Comparative Outlook of Current Trends Stockholm, Sweden 7-8 December 2000 * The views expressed in this article do not necessarily represent those of the Portuguese Securities Commission (CMVM). Helpful comments on a previous draft were received from Rafaela Rocha and from participants in the seminar on Company Law Reform in OECD Countries organized by the OECD in co-operation with the Swedish Ministry of Industry, Employment and Communications, the Finnish Ministry of Trade and Industry and the Swedish Corporate Governance Forum, held in Stockholm (7-8 December 2000).