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Full-Text Articles in Law
Do Independent Boards Behave Differently? Examining The Voluntary Adoption Of Board Monitoring Mechanisms, Anita I. Anand
Do Independent Boards Behave Differently? Examining The Voluntary Adoption Of Board Monitoring Mechanisms, Anita I. Anand
Anita I Anand
We ask whether firms with an independent board of directors are more likely than firms without an independent board to adopt recommended corporate governance practices designed to enhance the board's monitoring capabilities. Using hand-collected data from Canadian firms listed on both American and Canadian stock exchanges, we find that firms with both types of boards voluntarily adopt corporate governance practices and that independent boards are no more likely to adopt these practices than their non-independent counterparts. One exception to this statement is the formation of board committees. When boards are independent, the audit and compensation committees are far more likely …
The Politics Of International Economic Law: Legitimacy And The Uncitral Working Methods., Claire R. Kelly
The Politics Of International Economic Law: Legitimacy And The Uncitral Working Methods., Claire R. Kelly
Claire R. Kelly
Abstract The process of international lawmaking is, in part, a function of both politics and the attempt to engage in legitimate norms generation. States seek power through process in the international sphere. But States also use process enable representative, transparent, and effective rules. This paper considers how we might begin to deconstruct procedural proposals involving international norm generation by taking a look at a recent controversy over the methods of work at the United Nations Commission on International Trade Law (UNCITRAL). It will consider various paradigms to assess the legitimacy claims of international norms as applied to one particular controversy …
Accountability And The Commission On The Limits Of The Continental Shelf: Deciding Who Owns The Ocean Floor, Anna Cavnar
Accountability And The Commission On The Limits Of The Continental Shelf: Deciding Who Owns The Ocean Floor, Anna Cavnar
Anna Cavnar
Over the past decade, scholars and government officials have become increasingly concerned that the world is building an international institutional infrastructure that is unaccountable to the states and individuals it supposedly serves. This Article takes the question of accountability to the Commission on the Limits of the Continental Shelf (the "Commission" or "CLCS"), the international body charged with overseeing delineation of the outer continental shelf – a process which will eventually give more than sixty countries exclusive control over millions of square kilometers of seabed and the resources, including potentially vast oil and gas deposits, found within it. The United …
Table 2. International Standards Of Child Labor In Agriculture, Irina Feofanova
Table 2. International Standards Of Child Labor In Agriculture, Irina Feofanova
Irina Feofanova
APPENDICES for COMBATING OF CHILD LABOR IN AGRICULTURE: CRITICISM OF EXISTING STANDARDS AND ROLE OF TRANSNATIONAL CORPORATIONS.
Innovative Destruction: Structured Finance & Credit Market Reform In The Bubble Era, Aaron J. Unterman
Innovative Destruction: Structured Finance & Credit Market Reform In The Bubble Era, Aaron J. Unterman
Aaron J. Unterman
The combination of unregulated financial innovation and human greed has, and will continue to have, dire effects on the international economy. The financial crisis which began in the American sub-prime housing market, and spread across the globe, has devastated the structured finance industry and cast doubts on the new era of credit risk transfer, which had come to represent the achievements of financial innovation. This paper explores the role structured finance played in the credit crisis, dissecting the complex instruments which drove the industry and allowed the American sub-prime housing market to infect the international economy. This paper argues that …