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This article outlines the development of English company law in the four centuries before 1900. The main focus is on the evolution of the corporate form and the five key legal characteristics of the corporation - separate legal personality, limited liability, transferable joint stock, delegated...
Persistent link: https://www.econbiz.de/10011587659
This contribution puts forward an approach to account for evolution of transnational private rule-makers. Morphing of organisations, procedures, and rules is suggested as a key strength of various forms of private authority. Directing our attention towards evolutionary dynamics, their impact on...
Persistent link: https://www.econbiz.de/10012627796
Recent years have seen a rapid increase in legislation governing, protecting, and rewarding whistleblowers. Whereas the EU recently enacted a Directive protecting whistleblowers, the US has gone one step further long ago, not only protecting them but also offering substantial monetary rewards...
Persistent link: https://www.econbiz.de/10012594675
This paper analyzes the Judgement rendered on July 15 2021 by the European Court of Justice in Case 911/19 - Fédération Bancaire Française v. Autorité de contrôle prudentiel et de résolution. The Judgment is of paramount importance: it has, indeed, the potential to affect apparently...
Persistent link: https://www.econbiz.de/10012795254
Article 16 of the EBA Founding Regulation enables the EBA to issue guidelines and recommendations, while Articles 8 (1) (aa) and (ab) and 29 (2) of that Regulation enable it to develop a handbook for supervision and resolution. The European Court of Justice (ECJ or Court, hereinafter), in its...
Persistent link: https://www.econbiz.de/10014314124
Market access is the most important liberalizing principle in the General Agreement on Trade in Services (GATS). It entails a general prohibition of quantitative restrictions, which however is conditional on commitments undertaken by Members in their respective Schedules of Commitments. Case-law...
Persistent link: https://www.econbiz.de/10014081977
This work proposes to examine the current scenario of environmental licensing procedures in Brazil, from a theoretical approach (legal, economic and regulatory) concerning the theme. Keeping in mind that the discussions regarding the environmental licensing procedure continue to guide the debate...
Persistent link: https://www.econbiz.de/10013489631
The study explores the general regulatory challenges arising from the need to mediate between a horizontal approach to AI regulation and the sector-specific dimensions of financial markets, with regards to the sectoral regulations that may already regulate some AI tools in the financial sector,...
Persistent link: https://www.econbiz.de/10014360995
Financial ties between drug companies and medical researchers are thought to bias results published in medical journals. To enable readers to account for such bias, most medical journals require authors to disclose potential conflicts of interest. For such policies to be effective, conflict...
Persistent link: https://www.econbiz.de/10014234349
Conventional wisdom suggests that when business regulation is excessive, deregulation should enhance efficiency. The liberalization of services markets in Croatia demonstrates that this is not necessarily the case, particularly when features of the reform process allow undue influence by those...
Persistent link: https://www.econbiz.de/10015190243