Oxford Business Law Blog

In July 2020, the European Commission published the ‘Study on directors’ duties and sustainable corporate governance’ by EY (‘the Report’). The Report purports to find evidence of debilitating short-...

Institutional ownership has grown tremendously over the last decades, rising to more than 70% of US public firms. The composition of institutional ownership has also changed, with a remarkable growth...

Could public law uncertainty pose a problem for private ordering in the financial sector, not to mention other contexts? In a recent paper in the Journal of Corporate Law Studies, I examine the...

Corporate collapses not only make for dramatic headlines, but cost economies billions of dollars and millions of jobs in addition to destroying communities, people’s lives, and pensions. Beyond such...

The European Commission (DG Just) has invited feedback on its current Sustainable Corporate Governance Initiative, which is based on the EY Study on directors’ duties and sustainable corporate...

The European Commission (hereinafter ‘EC’) is speeding up the sustainability reform process to improve the EU regulatory framework on company law and corporate governance. The considered policy...

The exposition of the law of fiduciary accountability has been negligently disintegrating for some time. I say negligently because the numerous departures from principle that presently agitate the...

Recently, much interest has been expressed in the introduction of artificial intelligence (AI) to the corporate boardroom including in the form of robo-director. The debate has taken a new intensity...

For a long time, economists have been avoid discussing the term ‘culture’. The main reasons for this are that culture does not fit well with the rational agent theory of neoclassical economics, is...

The Oxford Business Law Blog is launching the ‘European Commission Initiative on Directors' Duties and Sustainable Corporate Governance Series’ or, for brevity, ‘the EC Corporate Governance...

In an earnings conference call with investors in 2008, Edward J Shoen, chief executive officer and chairman of U-Haul International, Inc., lamented that the Avis Budget Group, Inc., its main...

Disclosure laws aim to ensure the reduction of information asymmetries and the accuracy of share prices, but their success is predicated on enforcement. My recently published article (also available...

The permissibility of corporations pursuing purposes other than profit has been the subject of debate for a number of years. This debate has intensified recently with proposals from bodies such as...

There are many things we do not know about the future of AI usage, including the ways it will impact corporations and their governance. Nevertheless, it is reasonable to believe that, like in many...

Most of the applications and uses of digital assets are improved and expanded with well-functioning and well-governed DAOs. My recent article evaluates the technical and internal governance solutions...

The ECGI - SSE Riga Conference on ‘SMEs, Families and Capital Markets’ took place (online) on 19 June 2020, bringing together policymakers, academics and practitioners to explore some of the key...

Italy is so far the only EU Member State to have introduced, in 2011, a specific anti-interlocking provision targeting personal ties among competing banking, insurance, and financial firms and groups...

In its July 2020 Digital Trust Report, AustCyber estimated that a four week disruption to digital infrastructure caused by a major cyber attack would cost the Australian economy $30 billion (1.5% of...