In recent years there have been many scandals in which highly paid corporate executives have apparently acted in morally unacceptable ways. Why is this? Is it a matter of a few "bad apples" or is there some other, or some additional, explanation? In order to answer such questions, one needs to...

To achieve deep decarbonization, developed countries need to reduce their net greenhouse gas emissions by more than 80 percent from 1990 levels by 2050. As ambitious and even unachievable as that goal may seem, some developed country jurisdictions have already made considerable progress in...

State regulators utilize merit review to protect investors, issuers, and the marketplace by focusing on the substantive quality of securities offerings. In this article, the author addresses the evolution of the dual regulatory system and the resulting roles of the state and federal securities...