This Article analyzes market reaction to the introduction into Italian legislation of a statutory system of (IPO) prospectus civil liability enacted...
The use of evidence and economic analysis in policymaking is on the rise, and accounting standard setting and financial regulation are no exception....
The SEC adopted Regulation FD (Reg FD) to address the selective disclosure by issuers of material nonpublic information. Selective disclosure results...
We show that firms reduce emissions at their local plants following EPA enforcement actions against nearby plants of peer firms operating in the same...
This paper makes a case for the future development of European corporate law through regulatory competition rather than EC legislation. It is for the...