Oxford Business Law Blog

A decade after the birth of Bitcoin, its governance has become increasingly contentious to the extent that even certain well-known proponents of the cryptocurrency declared that Bitcoin governance is...

The Organisation for Economic Co-operation and Development (‘OECD’) promotes the G20/OECD Principles of Corporate Governance 2015 (‘Principles’) as a means ‘to support investment as a powerful driver...

The increasing separation of physical and virtual identities driven by anonymity in the crypto-economy challenges the existing jurisdictional means over virtual transactions involving blockchain...

For the last forty years, the problem of managerial agency costs—corporate managers shirking duties and diverting resources—has dominated the study of corporate law and governance. Many scholars...

Operational risk is a first-order concern for firm management and stakeholders. Stark examples of losses due to corporate operations include BP’s $17.2 billion loss in June 2010 following the...

Several CSR frameworks as well as reporting laws, such as the recently adopted Non-financial Reporting Directive (Directive 2014/95/EU), either presuppose or at least encourage that groups of...

The financial services industry is one of the most heavily regulated sectors of the modern economy reflecting the need to protect the public interest in a strong and stable financial system. The UK’s...

According to a common narrative, in addition to inadequate capital and liquidity, the failure of banks in the financial crisis also reflected their poor governance. By ‘governance’, I mean broadly...

The 2008--09 financial crisis was in part a consequence of inadequate formal rules for bank capitalisation and liquidity, of failures of regulatory cooperation, and of ineffective insolvency regimes...

Over a decade has passed since the EU mandated International Financial Reporting Standards (‘IFRS’) for all companies listed on the main European stock exchanges in 2005. Several other countries have...