Oxford Business Law Blog

Follow Oxford Business Law Blog

Filter by
Featured

OBLB categories

  • Commercial Law
  • Financial Regulation
22 Oct 2018

Enforcing Rules on Related Party Transactions in Italy: One Securities Regulator’s Challenge

Marcello Bianchi | Luca Enriques, Faculty of Law | Mateja Milič

In our paper ‘Enforcing Rules on Related Party Transactions in Italy: One Securities Regulator's Challenge’, we investigate the Italian experience in the enforcement of related party transaction (RPT...

OBLB categories

  • Commercial Law
  • Corporate Governance
24 Aug 2018

Behavioral Law and Economics

Eyal Zamir | Doron Teichman

We are delighted to share the news about the publication of our new book, Behavioral Law and Economics (OUP 2018). This book aims to serve as a gateway into the world of behavioral analysis. It...

OBLB categories

  • Financial Regulation
06 Mar 2018

The Regulation of Cryptocurrencies - Between a Currency and a Financial Product

Hadar Jabotinsky

As knowledge of cryptocurrencies becomes more widespread, the number of the people using them grows. Their attractiveness is due in part to their decentralized, peer-to-peer structure. This makes...

OBLB categories

  • Commercial Law
  • Financial Regulation
18 Dec 2017

Who Falls Prey to the Wolf of Wall Street? Investor Participation in Market Manipulation

Christian Leuz | Steffen Meyer | Maximilian Muhn | Eugene Soltes | Andreas Hackethal

‘Seniors [are] particularly vulnerable to investment scams’ read one news headline. ‘We are taking further steps to find and eliminate from our system pump-and-dump scammers, those who prey on...
Featured

OBLB categories

  • Brexit
  • Corporate Finance
  • Financial Regulation
10 Nov 2017

Investor Choice in Global Securities Markets

John Armour, Faculty of Law | Luca Enriques, Faculty of Law | Martin Bengtzen, Faculty of Law

Our recent paper, which forms part of the first phase of the New Special Study of the Securities Markets Project, explores how globalization has affected the operation of securities markets and the...
Featured

OBLB categories

  • Commercial Law
  • Corporate Finance
  • Corporate Governance
  • Financial Regulation
16 Oct 2017

The Promise and Perils of Crowdfunding: Between Corporate Finance and Consumer Contracts

Luca Enriques, Faculty of Law | John Armour, Faculty of Law

In the last few years, a new source of finance for start-ups, known as ‘crowdfunding’ (‘CF’), has become widely available. This involves raising capital from a large number of individuals, each of...

OBLB categories

  • Commercial Law
  • Corporate Finance
  • Corporate Governance
  • Financial Regulation
14 Aug 2017

The Fiduciary Structure of Investment Management Regulation

Arthur B. Laby

Investment managers owe fiduciary duties to clients, including a duty of loyalty and a duty of care. A persistent question, with no clear answer, is what precisely is required by the duties of...
Featured

OBLB categories

  • Financial Regulation
27 Jun 2017

The Market Structure Crisis, HFT Practices, and Securities Fraud

Stanislav Dolgopolov

The phenomenon of high-frequency trading (‘HFT’), one of the pivotal ingredients of the current market structure crisis in the United States, has captivated the public eye, while becoming a key...

OBLB categories

  • Corporate Governance
15 Feb 2017

Making a Case for Regulating Institutional Shareholders’ Corporate Governance Roles

Dionysia Katelouzou | Iris H-Y Chiu

Drawing on the disconnect that currently exists between the social expectations associated with the corporate governance role of institutions and the institutions’ private interests, our article...

OBLB categories

  • Corporate Governance
09 Feb 2017

An Active Financial Centre Can Do Without Private Shareholder Actions

David C. Donald

The market of a successful financial centre must be efficient, orderly and fair, which requires that investor protection rules be well written and effectively enforced. Such enforcement can be...

OBLB categories

  • Financial Regulation
  • M&A
01 Dec 2016

Promoter Exits in India: A Real Leash Reined by the Market Watchdog?

Malek-ul-Ashtar Shipchandler | Gaurav Malhotra

Most Indian listed companies are run by promoters who are a set of persons and/ or families having effective control over a listed company. The Securities and Exchange Board of India (SEBI), the...

OBLB categories

  • Corporate Finance
14 Nov 2016

A Place of Their Own: Crowds in the New Market for Equity Crowdfunding

Seth Oranburg

For over eighty years, US security laws have focused on mandating disclosures to protect investors. The efficacy of this strategy has been hotly debated for decades. Equity crowdfunding as it was...

OBLB categories

  • Financial Regulation
20 Sep 2016

The Essential Elements of Market Integrity and Market Fairness

Janet Austin

One of the main objectives of securities regulation is to protect the fairness or integrity of the markets. However, despite the fact that this is a fundamental goal, there has been relatively little...
Featured

OBLB categories

  • Corporate Finance
30 Aug 2016

The Logic and Limits of Event Studies in Securities Fraud Litigation

Jill Fisch | Jonah Gelbach | Jonathan Klick

Event studies are ubiquitous in securities fraud litigation. Litigants use economist-prepared event studies to address several key elements, including loss causation, reliance, materiality and...

OBLB categories

  • Corporate Finance
  • Corporate Governance
10 May 2016

Information Disclosure and Insider Trading Around Board Meetings

Seil Kim

My new paper (available here) features a novel dataset of firms’ regular board meeting schedules, hand-collected from corporate by-laws. Corporate by-laws include a provision about when and where...

OBLB categories

  • Corporate Finance
  • Corporate Governance
02 May 2016

Information-Dissemination Law: The Regulation of How Market-Moving Information is Revealed

Kevin S. Haeberle | M. Todd Henderson

Corporate information that moves stock-market prices has long sat at the center of modern securities regulation in the United States. The Great Depression-era securities laws at the foundation of the...

Supported by

Benefactor