European Commission's Draft Proposal to amend the EU-Rating Regulation, could possibly be eliminated by procedural presumptions …

We propose and find that enhanced regulatory transparency facilitates alignment between private and public enforcement …) and a private enforcer (shareholder litigants). The two parties' enforcement targets are more aligned in the post …

benefits. Contrary to claims in the literature that “equity is expensive” and that regulation requiring more equity in the … funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the … inefficiently high borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic …

. Contrary to claims in the literature that "equity is expensive" and that regulation requiring more equity in the funding mix … entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high … borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic risk; if such …

the absence of effective regulation and the ability to invest in assets that lack readily verifiable values. Unless …

findings suggest that public enforcement, with the threat of large penalties and the loss of reputation, can be effective in …

regulation was designed to lend crutches to them when it appeared that they needed support. While modern finance theory has … the overriding concern for regulation. This essay raises the question whether this is indeed the case. What if other …