Tag Archives: Regulation

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 »

Clarification or Confusion: A Textual Analysis of ASC 842 Lease Transition Disclosures

By | September 5, 2022

In our recent paper, we study the textual meaning of the financial statement transition disclosures in firms’ filings with the Securities and Exchange Commission (SEC) explaining the likely effects of the adoption of Accounting Standards Codification (ASC) 842 on leases. Under President Franklin Delano Roosevelt, Congress established that the SEC’s backbone be based on a sufficient… Read More »

Williamson v. Tucker – A 2022 Interpretation From Colorado

By | August 29, 2022

Williamson v. Tucker, 645 F.2d 404 (5th Cir. 1981) (referred to herein as “Williamson”) stands for the proposition that owner’s interests in joint ventures organized as general partnerships where the general partners participate in the management of the assets involved should not be treated as “securities” for regulation under federal and state law. Many courts… Read More »

When Loans Are Involved in Lawsuits: How Consumer Litigation Funding Affects Lawsuits in the U.S. 

By | August 26, 2022

The U.S. is one of the world’s most litigious countries. According to a 2010 New York Times article, “we spend about 2.2% of gross domestic product, roughly $310 billion a year, or about $1,000 for each person in the country on tort litigation, much higher than any other country.” The defendant of a tort claim… Read More »

EDGAR Implementation, Unionization, and Strategic Disclosure 

By | August 19, 2022

Do companies adapt their financial disclosures in accordance with the ease by which their stakeholders can access this information? To facilitate submission and dissemination of corporate filings, the Securities and Exchange Commission (SEC) Release No. 33-6977 from February 1993 mandated all SEC-registered firms to electronically submit all regulatory filings to the Electronic Data Gathering, Analysis,… Read More »

Attorneys and Compliance Personnel Seeking to Avail Of SEC Whistleblower Awards: Proceed With Caution

By | August 17, 2022

The U.S. Securities and Exchange Commission (SEC) operates an enormously successful whistleblower award program. In just ten years, it has paid out over $1.3 billion to individuals who have helped the SEC prosecute hundreds of securities violations. Most award recipients are regular employees who report their employer, but a small portion are compliance personnel. Compliance… Read More »

The Effect of Financial Reporting on Strategic Investments: Evidence from Purchase Obligations 

By | August 11, 2022

Firms make investments to increase their future profits because they help reduce production costs, increase capacity, or upgrade their products or services. However, firms do not always make investments to improve production efficiency or customer demand. They often make investments to strategically influence competitors’ behavior. Due to their costly-to-reverse and time-bound nature, investments signal credible… Read More »