Questions related to Law and Economics
I am looking for a research question with regard to EU Green Bond Standard that will come into force somewhere next year, from a law & Economics/Finance approach. Anyone suggestions?
I'm going deeper about the class actions in American law system.
I've started analyzing Rule 23 of Federal Rule of Civil Procedure and then I've tried to deepen the law and economics approach on class action.
Could someone recommend me an article, a review or a textbook that deals with the relationship between class action and instrumental theory of tort law? It would be great also to consult some text concerning the social function of class action and its effects, both economic and social
In recent times, there have been many topics on how artificial intelligence can be used in finance: automatic financial advice, new tools, more accurate prediction, automatic trading, data management, poverty alleviation, new ethical dilemmas.
If a company organize a prize operation, issuing utility tokens (considered as vouchers) which can be spent in some differents sales points/stores/seats of the company to have discounts on the purchase of goods and services, which is the legal status of theese tokens in EU?
It's possible to know if is there a regulation about this situation?
This is an example of the service which I'm talking about: https://tokend.io/loyalty/
Everyone knows intuitively that technology, especially one that can develop its "intelligence" through learning, displaces and will displace people from the labor market. How do you think what other legal or social consequences, besides losing a job, may result from this? Will it affect every country where international production takes place? Will there remain places where it will still be profitable to use the work of human hands?
Thanks in advance for any thoughts.
The world witnessed a marginalisation of normative perspectives in disciplines and an emphasis of positive perspective as the norm upon which disciplines should be developed. This caused much destruction in material and non-material sense. What does the future hide from us?
I am looking into literature that explains which incentives a country has to introduce policy assessment tools for legislation enacted by Congress or the Parliament. For example, there is a vast literature on government accountability that explains why governments would adopt these tools on secondary regulation (oversight, address delegation problems, etc.). However, for the case of primary legislation it is not as clear to me what justifies it from a Law and Economics or Political Economy perspective, or even just legal.
The IFRS maintenance of capital concept is defined in the conceptual framework (4.59). We can restrict attention to financial capital maintenance:
Financial capital maintenance. Under this concept a profit is earned only if the financial (or money) amount of the net assets at the end of the period exceeds the financial (or money) amount of net assets at the beginning of the period, after excluding any distributions to, and contributions from, owners during the period.
On the other hand, legal capital maintenance can be described as the doctrine that forbids a corporation to return capital to its shareholders, unless authorized by law (e.g., sanctioned reduction of capital). The corporation is only free to pay profits to the shareholders. Legal capital maintenance in the UK stems from this decision of the House of Lords: https://en.wikipedia.org/wiki/Trevor_v_Whitworth
Is it simply two aspects of the same thing, i.e. IFRS concerns measurement, and law concerns obligations, or is there something more to it?
Most companies in Africa nowadays don't pay their workers good salary.
Trade unionist need to protest against this injustice.
Letterbox companies might be defined as chiefly legal entities established in a country where they have no (or very little) economic activity, in order to benefit from more advantageous tax and social security systems.
A letterbox company is therefore a company with no significant activity, created solely for the purposes of circumventing the applicable laws and regulations in the country in which it operates by registering itself in another.
Does anybody know of any research conducted on this issue?
many of today's value chain interventions have generally been unsuccessful in sustaining competitiveness in developing countries' value chains despite claims to the contrary by proponents of the value chain strategy.
why dose Schumpeter refuse "propensity to reserving(savings)" in basic society with ex-change economy befor development?
IF the public procurement contract has been enforced or performed a half, the"out "contractor charge there was a bribery in open bidding process,then is this public procurement contract is ineffective? Or <Restatement of contract> is applicable to public procurement contract?
Some scholars argued that the practice of IRR (and PER) by Islamic banks could misled users of financial information, where, shifting of profits to/from the reserves accounts will not show the real performance of respective organization, and this will create moral hazards problem. Agree?
The enactment of the Islamic Financial Services Act (IFSA) 2013 in Malaysia has marked a significant development in the industry where one of the changes made is Malaysian Islamic banks are no longer allowed to provide PER. This is considered a bold move by the local regulator. However, Islamic banks in other jurisdictions are still practising the provision of PER. Is this the right move for Islamic finance industry?
Kenya established a bank note printing plant and Uganda is debating to have one too this could be questionable .
In market economies, it is generally assumed that large businesses are more likely than small businesses to succeed in many categories (banking, commerce, manufacturing, mining, agriculture) because of economies of scale. Whether that premise is generally true or not, I am interested in any data that shows a hidden bias that promotes a disproportionate rate of survival of large-scale operations. An example of this would be regulation. Anecdotal evidence suggests that large businesses actually welcome a heavily regulated market because they able to spread compliance costs over a larger base of revenue than small businesses. Even if the regulations hurt big businesses, they hurt small ones more, thus helping large business by limiting competition. In addition to regulatory policy, other areas in which government might tilt the balance toward large business are: 1) government procurement procedures, 2) tax policies, 3) contracting policies, 4) economic development subsidies.
Third wave feminists argue that even women who have suffered abuse and economic deprivation have agency (at least limited agency) and can "freely" consent to working in the sex trade. Can choices be free even in the context of economic necessity?
Bankruptcy as a civil institution for the settlement of debts between creditors and debtors, the public interest should not be positioned as a goal to be achieved. but on the other hand the processes and mechanisms of bankruptcy tends to be "repressive" can indirectly harm the public interest. Here the state took a role in keeping the public interest with limiting or even eliminate the rights of the creditors or the debtor in bankruptcy. While we know that the state was not free from the influence of various interests in particular of the interests of capital owners.
So we need clear yardstick in incorporating consideration of the public interest in bankruptcy to provide a balanced protection of the interests of the public and private interests.
While the IRS SOI and federal reserve data used in this article have inherent limitations, my intent is to show to the extent practicable that this proposal is indeed revenue positive and low risk. Minor quibbles are unavoidable, but if I have missed something major please let me know.
Generally we know that Legal Due Diligence (LDD) can be performed in a business transaction before signing the contract. But how can it be performed in public projects? Should we use this term of LDD on legislation? Is there any guarantee that it will run well?
Competition law and international cooperation: Is there a bibliography on the extraterritorial jurisdiction and competition law?
There are many formal and informal rules in the textile industry. This rule reduces uncertainty, but on the other hand it increases the costs for the company, because of inconsistencies in the implementation.
Digital inheritance is the process of handing over (personal) digital assets (such as email, facebook, twitter, paypal, ebay, blogs, and ResearchGate accounts) to (human) beneficiaries. What do you think about the possible solutions to organise such inheritance?
There has been a consistent flow of foreign aid into the developing nations. However this in many countries has never yielded the end results or enhanced their development.