Oxford Business Law Blog

A few months ago Argentina’s new government under President Alberto Fernández completed a bond exchange which was approved overwhelmingly by its foreign bondholders. The final restructuring deal that...

On 18 June 2020, the EU ‘Taxonomy Regulation’, (TR) was adopted by the European Parliament and the Council, with the objective to develop a common language and a uniform definition of what counts as...

Financial regulation is commonly associated with a set of ex ante rules imposed by government on the financial sector in the public interest and accompanied by mechanisms of public supervision and...

In a recent working paper, we look at what drives shareholder activism around the world, with a focus specifically on the role of corporate governance reforms. While shareholder activism has been a...

This year policymakers around the globe have scrambled to intervene in response to an anticipated wave of business bankruptcies flowing from COVID-19 trading disruption. A range of policies have been...

Earlier this year, the Indian Supreme Court overturned the central bank's decision to ban cryptocurrency in the country. The Reserve Bank of India (RBI) continues to be averse to accepting crypto-...

Institutional investors are increasingly facing pressure from their clients and others to focus more on ensuring that their investments promote corporate sustainability. Such expectations are...

ETFs, broadly defined as exchange-traded portfolios of assets, have proven to be among the most successful financial innovations of recent history. Since the introduction of the first ETF in the...

The advent of social media has revolutionized the 21st century, making significant changes to internet communication. This post looks into the shortcomings of social media such as Facebook, Twitter,...

For quite some time, artificial intelligence (in the following: AI) has been at the centre of attention of IP and competition law scholars. Yet, the role unfair competition law (in the following: UCL...

A vast literature studies the role of institutions, such as regulation, for economic outcomes. An implicit assumption in many theoretical and empirical studies in the field is that the law is...

The escalating debate over corporate purpose is not confined to Western developed economies. Rapidly developing economies like India are similarly grappling with how to define and develop a legal...

With talk of driverless companies and bots substituting for human beings on company boards either in part or completely, the spectre of a future controlled by entities devoid of human beings is upon...

In recent years, corporate scholars and policymakers have devoted a great deal of attention to explore how large institutional investors, mainly mutual funds, lack capabilities and incentives to...

The topic of common ownership has received substantial attention from both academics and policymakers in recent years. Broadly defined, common ownership exists when investors hold partial and...

When institutional investors hire proxy advisors to prepare reports on matters up for vote at the public companies in which they invest, are they interested in acquiring a bottom-line recommendation...

We wish all our readers and authors a happy and peaceful Holiday Season! The blog will resume publications on 4 January 2021. The OBLB Editors

At the turn of the last century, a fantastic characterization of stock exchange efficiency looked to a powerful, supernatural force referred to simply as ‘the market’, which was an oracle of true...