Modern economic writing regards the influence of market forces on legislation to be a major improvement to the quality of rule-making. This holds specifically true in the area of company law and tax law, which shape the framework for business activities like few other fields of law and have lead...

This paper focuses on the consequences of cross-border banking and entry of multi-national banks (MNBs) for banking supervision and regulation. When a MNB expands internationally with subsidiaries, the MNB operates under the legislation of several countries - both the home country and the host...