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Calibrating the Risk Calculus

Originally Published: 
Friday, May 10, 2013
Who thought it was a good idea to make an entire population become investment experts?

Is the Independent Director Model Broken?

Originally Published: 
Friday, May 10, 2013
Public corporations should have a mix of independent and non-independent directors, and directors should be held to a duty to the corporation as a whole.

Quack Corporate Governance is Traditional Chinese Medicine

Originally Published: 
Thursday, May 9, 2013
The differences between corporate and securities law reveals the nature of both corporate law and governed firms in China, with mandatory corporate governance necessary for investor protection.

The Ex Ante Problem and the Ex Post Solution

Originally Published: 
Thursday, May 9, 2013
Financial markets would be better served by greater regulatory uncertainty, so that market participants would be less able to calculate the expected benefits and costs of complying.

The Third Way

Originally Published: 
Wednesday, May 8, 2013
Many people in the United States are asking core questions about what corporations are, to whom they owe obligations, and how best to conceptualise them and their regulation.

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