Clearing and Settlement of Debt Securities: The Legal Infrastructure Behind Modern Financial Markets

Clearing and Settlement of Debt Securities: The Legal Infrastructure Behind Modern Financial Markets Introduction The modern financial system depends not only on the issuance and trading of securities but also on the certainty that every transaction will ultimately be completed. Investors purchasing government bonds, corporate debentures, municipal securities, or commercial Read more

Disclosure Obligations in Corporate Law

Disclosure Obligations in Corporate Law I. Introduction Disclosure obligations constitute one of the fundamental pillars of modern corporate governance and securities regulation. They ensure transparency, accountability, and fairness in corporate operations by mandating that corporations provide relevant and accurate information to shareholders, regulators, and the public. The rationale behind disclosure Read more

B Corp Certification vs. Shareholder Primacy: Can Hybrid Governance Work?

B Corp Certification vs. Shareholder Primacy: Can Hybrid Governance Work? I. Introduction The tension between profit maximization and social responsibility lies at the heart of modern corporate governance. Traditionally, Anglo-American corporate law has been grounded in the principle of shareholder primacy—the notion that a corporation’s ultimate goal is to increase Read more