The conversations surrounding corporate social responsibility ("CSR") in international investments often involve framing the discussions from the FDI lens. This Article aims to add another dimension to the discussion: the consideration of the sovereign-driven portfolio investment (in contrast to...

Many articles in the legal and economic literature claim that a pure Haig-Simons income tax cannot effectively tax investment income. This is because an investor can use leverage to gross up her investments in risky assets such that the increased gain (or loss) exactly offsets any income tax (or...

Excessive concentration increases national risk in an uncertain world. This paper views economic and political diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first presents economic and political diversification...

What determines partisan portfolio allocation in African democracies? Despite the vast literature on government formation in Europe and Latin America, there have been no studies of partisan portfolio allocation in Africa. Although coalition governments are increasingly common in Africa, most...

"Emerging markets are attractive investments for many reason, including their enormous growth potential and their diversification benefits. The problem is, money doesn't discriminate between democratic and anti-democratic leaders: Markets routinely reward authoritarians like Jair Bolsonaro,...

As investors seek to diversify their investment portfolios – moving beyond stocks and bonds, they have turned to the art investment fund (AIF) for potentially high returns with purportedly low risk. Such funds invest and seek returns by acquiring and selling high-end pieces of fine art for...

A no challenge clause prevents a patent licensee from challenging the validity of a licensed patent. In the 2014 Guidelines on Technology Transfer Block Exemption Regulation, the European Commission discouraged parties from including a no challenge clause in a settlement and license agreement...

The potential of active portfolio management with fixed-mix strategies is analysed under the systemic risk settings of the derivative market and the financial assets market. The fast exponential growth of fixed-mix portfolios under the non-degeneracy condition, which is the non-constancy of the...