Tag Archives: Regulation

Toxic Emissions and Corporate Green Innovation 

By | November 29, 2022

One negative consequences of industrialization has been the generation and release of toxic chemicals, which have detrimental effects on the environment, climate, and public health. As the world grapples with environmental and climate change challenges, these byproducts are becoming an important issue drawing the attention of investors, scholars, and governments. For instance, toxic emissions are… Read More »

Capital Market Incentives and Regulatory Challenges in Investor-State Dispute Settlement  

By | November 1, 2022

Over the past few decades, there has been growing concern that corporations are increasingly exerting their influence on government policymaking. The discourse in this area, both within the political arena and academia, often focuses on domestic channels that firms use to influence policymaking. This includes channels such as lobbying, political contributions, and charitable giving. However,… Read More »

#FinTok and Financial Regulation

By | October 27, 2022

Technology moves fast, and the law often struggles to keep up. This is particularly true in consumer finance, where new ways of constructing and delivering financial products and services can quickly outpace traditional regulatory frameworks. Indeed, the policy attention garnered by the financial technology (fintech) sector is largely focused on how best to regulate new… Read More »

Polluted IPOs 

By | October 13, 2022

Regulatory oversight is important for safeguarding investors’ interests and ensuring the efficient functioning of financial markets. However, oversight can sometimes fail due to extraordinary factors such as resource constraints and political connections. Our recent study shows that oversight failure can also occur because of reduced productivity of regulators due to severe fine particulate matter air… Read More »

Climate Shaming Corporations: A New Environmental and Financial Regulation Tool

By | October 12, 2022

“Meat shaming,” “flight shaming,” and other carbon-footprint shaming behaviors are familiar phenomena in today’s climate-conscious society. In this context, people harness their ability to cause shame and embarrassment to others to prompt private individuals to adopt climate-friendly practices. A different type of climate shaming involves the shaming of firms by government regulators to achieve climate-related… Read More »

Competition and Innovation: The Breakup of IG Farben

By | October 4, 2022

IG Farben used to be the world’s largest chemical company until it was broken up in one of the largest antitrust events in history. My recent research explores how the breakup affected innovation activity in postwar Germany.  The 21st century has seen two notable trends: a “big company” is bigger than ever, and the pace… Read More »

The Impact of a New Rent Control Law on Tenants and Owners

By | October 3, 2022

Rental housing is one of the most important sectors in the economy. According to the US Census, in 2019, out of 123 million housing units in the United States, 44 million units, or 36%, were occupied by renters. The median household spent 35% of its income on rent, while 22% of households spent more than… Read More »

ESG, Crypto, And What Has The IRS Got To Do With It?

By | September 26, 2022

Despite their volatility and the many regulatory challenges that cryptoassets presents, they continue to be adopted by institutions and individuals alike, with some of the world’s largest organizations, ranging from Wall Street banks to U.N. institutions, allocating resources to the space. As exciting as crypto assets may be, however, no singular technology or financial instrument… Read More »

To Achieve the Same Goal in Different Ways: How Institutional Ownership Affects Firms’ CSR Activities in China 

By | September 21, 2022

Research from industrialized economies reveals that institutional ownership can boost the corporate social responsibility participation of companies (Chen et al., 2019). These studies argue that stating their opinions, or the mere prospect of voting, can improve institutional investors’ influence over firms’ CSR policy. But does this story apply in emerging economies? The answer is YES.… Read More »

Impact of Ownership Patterns on Outer Space Regulations 

By | September 7, 2022

The space industry is undergoing a rapid transition. This is mostly because the traditional objectives, especially observatory space missions, have given way to more commercialised exploratory goals. Recently, in addition to the significant increase in the number of private satellites orbiting earth (around 11,000), new exploratory attempts in space have included mineral mining, space tourism… Read More »