Oxford Business Law Blog

Follow Oxford Business Law Blog

Filter by

OBLB categories

  • Corporate Governance
  • Corporate Tax
15 Apr 2021
4 min to read

The Political Dimension of Venture Capital Law in China

Chi Zhang

By employing a comprehensive study of the legal practices of the venture capital industry, my recent article ‘The Political Economy of China’s Business Organisation Laws and its Implications for...
Featured

OBLB categories

  • Corporate Finance
  • Corporate Governance
09 Apr 2021
4 min to read

EC Corporate Governance Initiative Series: Call for Reflection on Sustainable Corporate Governance

Alex Edmans | Luca Enriques, Faculty of Law | Steen Thomsen

Together with other ECGI Research Members, we have recently issued a Call for Reflection on Sustainable Corporate Governance to express our concerns over the risk that new legislation on EU companies...

OBLB categories

  • Competition/ Antitrust
  • Corporate Governance
07 Apr 2021
3 min to read

Prosocial Antitrust

Amelia Miazad

Recent developments have placed antitrust law on a collision course with corporate purpose. In a new paper, I reveal the unforeseen negative impacts of this conflict and provide a roadmap for...

OBLB categories

  • Corporate Governance
30 Mar 2021
3 min to read

The shareholder in France and the United States: A comparative analysis of corporate legal priorities

Forrest G Alogna | Hadrien Bourrellis | Bertrand Cardi | Matthew T Carpenter | Adam O Emmerich | Theodore N Mirvis

The fundamental question in the law of business organizations—what is the purpose of the corporation? —contains a related question of constituencies and therefore priorities among them—whom does the...

OBLB categories

  • Corporate Finance
  • Corporate Governance
  • Financial Regulation
24 Mar 2021
4 min to read

The Emperor’s New Code? Time to Re-Evaluate the Nature of Stewardship Engagement Under the UK’s Stewardship Code

Bobby Reddy

Since 2010, the UK’s Stewardship Code has encouraged institutional investors to proactively engage with the boards of the companies in which they are invested (issuers) to pre-emptively identify and...

OBLB categories

  • Corporate Governance
22 Mar 2021
4 min to read

Beware Investor Responses to the Climate Crisis

J S Liptrap

It is in vogue to argue that, due to political inaction vis-à-vis the climate crisis, any progress that institutional investors can make to mitigate corporate climate change is advantageous. As the...

OBLB categories

  • Corporate Governance
22 Mar 2021
3 min to read

Corporate Purpose: Sustainability as a Game Changer

Guido Ferrarini

An increasing number of firms make reference to the pursuit of environmental and social goals in the definition of their purpose. This raises important issues with respect to the way in which the...

OBLB categories

  • Commercial Law
  • Corporate Governance
27 Jan 2021
4 min to read

Modernizing Corporate Law in Latin America: Lessons from Ecuador

Aurelio Gurrea Martínez | Esteban Ortiz Mena | Paúl Noboa Velasco

In the past decades, several countries in Latin America, including Argentina, Colombia, Mexico and Uruguay, have implemented significant corporate law reforms. In the meantime, the regulatory...

OBLB categories

  • Corporate Governance
19 Jan 2021
4 min to read

Importing Activists: Determinants and Consequences of Increased Cross-border Shareholder Activism

Mark G. Maffett | Anya Nakhmurina | Douglas J. Skinner

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...

OBLB categories

  • Corporate Governance
07 Jan 2021
3 min to read

Lessons from India’s Struggles with Corporate Purpose

Afra Afsharipour

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...

OBLB categories

  • Corporate Finance
  • Corporate Governance
06 Jan 2021
4 min to read

Viewing Artificial Persons in the AI Age Through the Lens of History

Susan Watson

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...

OBLB categories

  • Corporate Governance
05 Jan 2021
3 min to read

The Push towards Corporate Guidelines

Asaf Eckstein

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...

OBLB categories

  • Competition/ Antitrust
  • Corporate Finance
  • Corporate Governance
  • M&A
05 Jan 2021
3 min to read

Interventions by Common Owners

Nathan Shekita

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...

OBLB categories

  • Corporate Finance
  • Corporate Governance
22 Dec 2020
3 min to read

Keep Your ‘Invisible Hands’ to Yourself: Freeing the Corporation from the Cult of the ‘Efficient Market’

David C. Donald

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...

OBLB categories

  • Corporate Governance
14 Dec 2020
7 min to read

Antitrust 2.0 – Governance of oversight over digital gatekeepers

Thorsten Käseberg

I. The current policy debate The European Commission will table two main legislative proposals on digital platforms: The Digital Markets Act (DMA) with new rules regarding the behaviour of gatekeeper...

OBLB categories

  • Corporate Governance
09 Dec 2020
9 min to read

EC Corporate Governance Initiative Series: Comment by the European Company Law Experts Group on the European Commission’s Consultation Document ‘Proposal for an Initiative on Sustainable Corporate Governance’

ECLE

At the very end of July 2020 the Directorate General, Justice and Consumers, of the European Commission published a study it had commissioned from the accounting firm, EY, entitled ‘Study on...

OBLB categories

  • Corporate Governance
01 Dec 2020
6 min to read

President-Elect Joe Biden and the Real Lessons of DuPont

Guy Rolnik | Roy Shapira

Simply talking corporate America into being more responsible is not enough. It may get corporations to talk the talk, but not to walk the walk. To understand what is wrong with American capitalism...

OBLB categories

  • Commercial Law
  • Corporate Governance
01 Dec 2020
2 min to read

Group Identity and Agency Frictions: Evidence using Big Data

Jitendra Aswani

Standard neoclassical models in finance posit that corporate decisions are made virtually in a vacuum and independently of an individual's social identities. But since Akerlof and Kranton's seminal...

OBLB categories

  • Corporate Governance
27 Nov 2020
3 min to read

Value Creation and Corporate Governance

Steen Thomsen

Shareholder value maximization has been severely criticized in recent years, but it is not clear what, if anything, is to take its place. In a new working paper I review three models of corporate...

OBLB categories

  • Commercial Law
  • Corporate Finance
  • Corporate Governance
23 Nov 2020
4 min to read

My Creditor’s Keeper: Escalation of Commitment and Custodial Fiduciary Duties in the Vicinity of Insolvency

Amir Licht

In several common law systems, creditors of corporate debtors enjoy legal protections beyond what their contracts with those companies afford them in the form of vicinity-of-insolvency fiduciary...

OBLB categories

  • Corporate Governance
20 Nov 2020
2 min to read

Legal Transplants, Law Books, and the History of Anglo-American Corporate Fiduciary Duties

Victoria Barnes

How, and when, did the law of American corporate fiduciary duties begin to develop differently? Kershaw shows that the Delaware variant of the business judgment rule emerged in the twentieth century...

Pages

Supported by

Benefactor

With the support of

intesa sanpaolo logo