This essay focuses on hostile business takeovers to illustrate the significance that cultural differences among nations can play in developing a harmonized European Union law. After 12 years of development, the EU Directive regulating hostile takeovers, to everyone’s surprise, was voted down...

Spinouts – entrepreneurial ventures founded by ex-employees of incumbent firms within the same industry – have emerged in numerous industries. Some existing literature argues that they typically have a negative association with their parents’ performance due to the loss of human capital,...

As urbanized areas have grown across the United States, roads have quickly developed with them. Yet many cities have developed this infrastructure at the cost of failing to adequately fund urban mass transit, in spite of the important services it provides for the poor, commuters, and the...