Oxford Business Law Blog

Across the world, the focus on effective risk management has increased over the past two decades as major corporations have experienced risk management failures due to a variety of factors, including...

It is widely acknowledged that the current low interest rate environment and intense competition in several countries have resulted in rather subdued revenues of European banks. In particular Net...

The requirement to adopt one of three options for workforce engagement specified in Provision 5 of the 2018 UK Corporate Governance Code (‘UKCGC’) is an important development in terms of integrating...

The pandemic crisis has accelerated the entry of financial technology (‘fintech’) firms into the banking industry. Some of the new fintech banks are owned or controlled by commercial enterprises. As...

A growing amount of literature documents that binding financial constraints during economic distress or financial distress, including impending bankruptcy, can have an adverse effect on firms’ human...

Shareholder primacy has been the subject of vigorous recent debate. In recent years, asset managers have launched hundreds of ‘socially responsible’ or ‘ESG’ funds that take into account how...

Last year, Vice President Kamala Harris proclaimed that America was at an ‘inflection point,’ a description since repeated by President Biden and now moving quickly into the popular lexicon. The term...

In the period following the Global Financial Crisis (2007-2009), the EU bank capital regulation was significantly enhanced through the introduction of stringent requirements aimed to improve the...

US policy is increasingly being influenced by suspicion of links between Chinese companies and the Chinese party-state and military. These suspicions have been fueled by Xi Jinping’s economic...

When should the law respect the separate legal status of corporations or other limited liability entities owned by foreign governments? The question implicates familiar principles of organizational...

Creditors often face significant information asymmetry when debtor companies seek to restructure their debts. In the United Kingdom, it is mandatory for debtor companies, seeking to invoke the courts...

Whenever someone is entrusted with advancing other people’s interests, enhancing the public good, or resolving conflicts between other people, there is a concern that instead of doing these things,...

Rogue brokers and their counterparts among registered investment advisers—overall a relatively small but persistent cohort among securities-market professionals—defraud their clients, execute...

Many private companies are simply managed by a single person. Yet, for public companies (joint-stock companies), having a suitable board structure is a key aspect of corporate governance. But how...

The modern American law of unincorporated business organizations presents surprising possibilities for the creative transactional lawyer. In a new paper, ‘Business Law Beyond Business’, forthcoming...

The GameStop and meme-stock trading frenzy are evidence of a potential revolution in corporate governance and signal the rise of Generation Y (‘Millennials’) and Generation Z (‘GenZ’) as retail...

In 1976, economists Michael Jensen and William Meckling published what turned out to be the most cited academic business article of all time. Their paper, titled ‘Theory of the Firm: Managerial...