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The spread of COVID-19 is severely testing the economic systems of most advanced countries, posing new important challenges for the States involved. These include the decision taken by several European countries to offer support and protection to companies deemed strategic. The late 20th century...
Persistent link: https://www.econbiz.de/10013217369
This paper examines the role of a related bank in the investment efficiency of business-group firms. We show that a bank is associated with less investment sensitivity to investment opportunities for family group firms, especially in financially dependent industries. There is evidence of...
Persistent link: https://www.econbiz.de/10013217406
This article probes the apparent incoherence created by the fact that breach of the statutory directors’ duties in the Corporations Act 2001 (Cth) cannot be ratified or authorised by shareholders. This was recently affirmed by the Full Federal Court in Cassimatis v Australian Securities and...
Persistent link: https://www.econbiz.de/10013217549
Business-related human rights abuses remain endemic in Europe and globally. European actors have implemented measures to address business-related human rights abuses both prior and subsequent to the United Nations 2011 Guiding Principles on Business and Human Rights, a central reference point of...
Persistent link: https://www.econbiz.de/10013217559
This Article reviews history and jurisprudence in order to examine American Magna Carta case law on due process, juries, and punishment. It details the treatment and impact of the Magna Carta in English history and the American colonies. The past of the Magna Carta is taken to the present: The...
Persistent link: https://www.econbiz.de/10013217775
There is an enormous literature analyzing the choice between rules and standards in drafting legal directives. This literature typically focuses on public government-made legal directives such as statutes, regulations, and judicial opinions; it has devoted less attention to privately-drafted...
Persistent link: https://www.econbiz.de/10013217819
This article presents an extensive and global survey on the use of Artificial Intelligence (AI) to address the COVID-19 epidemic and a comprehensive discussion of the ethical and human rights implications of AI's deployment during the pandemic. AI applications contributed to the COVID-19...
Persistent link: https://www.econbiz.de/10013218245
Daylight Saving Time (DST) is currently implemented by more than seventy countries, yet we do not have a clear knowledge of how it affects individuals’ welfare. Using a regression discontinuity design combined with a differences-in-differences approach, we find that the Spring DST causes a...
Persistent link: https://www.econbiz.de/10013218293
Due to the key role of personal data in the digital economy competition law and data protection law are getting deeply intertwined. This article uses a market failure framework for analyzing new important interaction effects between both legal regimes. Since on digital markets competition...
Persistent link: https://www.econbiz.de/10013218388
This paper presents a proposal for improving corporate governance. It is designed to increase incentives for corporations and their leaders to adhere to the constraint that Milton Friedman laid out in his 1970 New York Times article, “The Social Responsibility of Business Is to Increase Its...
Persistent link: https://www.econbiz.de/10013218568