Companies today increasingly say that they seek to engage in the "ethical" use of AI and advanced analytics. On one level, this makes sense. Along with their benefits, these technologies pose threats that traditional privacy law is ill-suited to address. To protect consumers and their own...

For decades, corporate law scholars insisted on a simple division of responsibilities. Corporations were told to focus exclusively on maximizing financial returns to shareholders while the government tended to all other concerns by adopting new regulations. As reformers challenged this orthodoxy...

Many people no longer trust in capitalism. We draw on upper echelons theory, paradox theory, and the trust literature to consider the sources and implications of this loss of trust. Although firms face growing pressures to address social problems that often are attributed to capitalism, firms...

The latest World Press Trends report shows that business sentiment in the industry has taken a downturn, in a context where multiple challenges face news publishers around the world. Yet there are causes for optimism, as revenue diversification progresses and publishers double down on new...

I congratulate my colleagues, Adina Letiția Negrușa and Monica Maria Coroș for planning, organizing and leading their International Conference – Modern Trends in Business, Hospitality, and Tourism that was recently held at the Faculty of Business in Babeș-Bolyai University of Cluj Napoca,...

This paper discusses the introduction of artificial intelligence (AI) to the boardroom and the importance of law and regulation in doing so. We argue that AI should be utilised in the boardroom to address the current shortcomings in the corporate governance – corporate short-termism. AI can...

Based on resource dependence theory we argue for an influence of business groups (BGs) on the board composition of constituent offshore financial multinational enterprises (FMNEs). Using a unique sample of 171 Caribbean FMNEs in an inter-island BG setting, we find BGs’ control in constituent...

Following concerns that the art market is being used to launder criminal money and fund terrorist activities, measures have recently been introduced to subject the market to the anti-money laundering (AML) regime – such as the EU 5th Money Laundering Directive (2018) and the US Illicit Art and...

The EU has a long history of directives concerned with confiscating proceeds of crime. Post-conviction confiscation, as the term implies, requires a criminal conviction before confiscation can occur. In this regard, such confiscation is unproblematic (though there are separate practical...

In September 2022 the G20/OECD published its draft revisions to their Principles of Corporate Governance for public consultation. This document presents draft revisions to the G20/OECD Principles of Corporate Governance 2015. They were submitted for public consultation with interested...