traditionally left to competing provincial securities commissions. The current state of securities regulation renders impotent US …-style takeover defences, such as poison pills and staggered boards, but allows voting caps and pyramiding in their stead. Various … federal securities regulation models are weighted in light of the current state of their needed complementary institutions …

produce even worse takeover arrangements. This paper puts forward a novel form of federal intervention in the regulation of … that such a federal role in takeover law cannot harm and would likely improve the regulation of takeovers. Moreover, by …The development of U.S. state takeover law in the past three decades has produced considerable and quite possibly …

In collaboration with a state environmental regulator in India, we conducted a field experiment to raise the frequency … these results and recover the full costs of environmental regulation, we model the regulatory process as a dynamic discrete … costs of environmental regulation are largely reserved for extremely polluting plants. Applying the cost estimates to the …

and marketed a rainfall index insurance product across three states in India. Marketing agricultural insurance to both … the insurance market (which is the current regulatory practice in India and other developing countries), makes wage …

results suggest reformed incentives for third-party auditors can improve their reporting and make regulation more effective …

distort their real investment choices. The model implies a socially optimal level of disclosure regulation that exceeds the … estimated value. Counterfactual analysis reveals that eliminating earnings misreporting completely through disclosure regulation …