In 2001 soon after the Asian Crises of 1997-1998, the Dotcom Bubble, 9/11, the Enron crises triggered a fraud crisis in Wall Street that impacted the market to the core. Since then scandals such as the Lehman Brothers and WorldCom in 2007-2008 and the Great Recession have surpassed it, Enron...

We develop a game theoretical model of whistleblowing behavior in organizations, focusing speci�fically on the role of incentives aimed at encouraging this type of behavior. We also analyze the potential impacts of whistleblowing behavior on the persistence of corruption. First, we present a...

In recent years, the European Union has insisted that convicts should be deprived of illegally obtained goods as a result of a crime. The asset confiscation resulted from crimes is one of the most effective tools in the fight against organized crime. In order to ensure a common approach to...

According to the recently adopted Directive (EU) 2019/1973, the whistleblower protection is fragmented across Member States and the consequences of breaches of Union law with a cross-border dimension reported by whistleblowers illustrate how insufficient protection in one Member State negatively...

There is increasing pressure on business organisations to behave ethically, in addition to running their operations in the most economical, efficient and effective manner possible to increase performance. This article aims at evaluating the aspects of business ethics, significance of business...

The paper addresses the issue of the impact of asymmetric information on risk aversion of litigant parties in a model à la Bebchuk. First we study the case where the plaintif is the informed party, and characterize the equilibrium with and without a pretrial negociation round. Then, we focuse...

This paper gives a theoretical proof for a question of constitutional law namely the principle of the separation of powers (SP). By defining a democratic process to be permissive (P) and separable (S) it proves that SP is a democratic, S & P, outcome.

South Asia is a region of diverse post-colonial countries that are undergoing significant constitutional and socioeconomic change. Constitutional law scholars have taken an interest in South Asian constitutionalism and how the region is addressing its unstable democratic systems. In recent...

The paper develops an argument in favour of freedom of speech inspired by Anthony de Jasay, F.A. von Hayek, Ludwig von Mises and John Stuart Mill and applies it for a criticism of the Danish government's proposal (2023) to ban desecration of "religious items".

This paper accounts for the interdependency between illegal and legal immigration and its effects on average migrant productivity as well as on the fiscal budget. I present a simple model which proposes that the host country's government can reduce the required skill level for legal entry in...