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...
The rules governing companies listed on the Main Market of the London Stock Exchange and its Alternative Investment Market fill an important gap in the...
The recent bailout of Credit Suisse is noteworthy for many reasons. One of them is that, while AT1 bondholders were wiped out, shareholders were not. This...
This paper makes a case for the future development of European corporate law through regulatory competition rather than EC legislation. It is for the...
This article explores how issuer liability reallocates fraud risk and how risk allocation may reduce the incidence of fraud. In the US, the apparent...