Technology

Why are the French so Different from the Germans? Underpricing of IPOs on the Euro New Markets

Putting Technology to Good Use for Society: the Role of Corporate, Competition and Tax Law

Innovation and its main output, technology, are changing the way we work, socialise, vote, and live. New technologies have improved our lives and made...

Split Derivatives: Inside the World's Most Misunderstood Contract

Derivatives are the ‘bad boys’ of modern finance: exciting, dangerous, and fundamentally misunderstood. These misunderstandings stem from the...

Green Energy Depends on Critical Minerals. Who Controls the Supply Chains?

In light of the transition away from fossil fuel–based energy, this paper highlights the importance of understanding who controls vital parts of the...

Virtual Shareholder Meetings

We examine determinants and consequences of ‘virtual’ shareholder meetings (VSM). Using a preCovid sample of voluntary VSM adopters, we do not...

Technology and Corporate Governance: Blockchain, Crypto, and Artificial Intelligence

Over recent decades, the on-going “digital revolution” has transformed many aspects of everyday life. Think of the increased power and shrinking...

Why 'Blockchain' Will Disrupt Corporate Organizations

We live in a world that has historically been dominated by centralized, hierarchical organizations. Such organizations are characterized by (i) a...

Bringing the AGM to the 21st Century: Blockchain and Smart Contracting Tech for Shareholder Involvement

The AGM is often considered to play an important role in direct shareholder monitoring of directors and corporate blockholders. However, its practical...

Regulating Crypto-finance: A Policy Blueprint

This paper is a chapter of a forthcoming monograph, Regulating the Crypto-economy, to be published by Hart Publishing in the latter half of 2021. The book...

Blockchain and Smart Contracting for the Shareholder Community

Current shareholder engagement systems face large classical inefficiencies. First, due to the large chains of intermediaries in the current...

Tech, Regulatory Arbitrage, and Limits

Regulatory arbitrage refers to structuring activity to take advantage of gaps or differences in regulations or laws. Examples include Facebook...

Use of AI by Financial Players: The Emerging Evidence

Financial supervisors as well as financial intermediaries increasingly rely on AI. However, little remains known about the scope and...