36 month buy-and-hold returns are calculated for a recent sample of initial public offerings (IPOs) on UK stock markets in order to test the robustness of earlier results which suggest that IPOs deliver abnormally low long-run returns. A bootstrapped and skew-adjusted t statistic is employed....

Published under the auspices of the World Economic Forum Global Future Council on Clean Electrification, this Insight Report invites policy-makers, regulators and investors to place greater focus on the demand side of the electricity system. It presents the technology, business models and system...

This paper examines the role of vulnerability in the basis of business ethics by criticizing its role in giving a moral substantial character to fiduciary duties to shareholders. The target is Marcoux's (Bus Ethics Q 13(1):1-24, 2003) argument for morally substantial fiduciary duties vis-a-vis...

This article evaluates the sandbox approach as a regulatory answer to the challenges financial technology brings to finance and social relations. Taking fintech as a sociotechnological phenomenon embedded in discourses of solutionism and innovation, we show that the regulatory sandbox accepts...