Abstract The conduct of Mergers and Acquisitions (M&As) of commercial banks is an important activity in order to fulfill the strategic objectives of all banks involved. However, M&As activities in Vietnamese banking sector have unique characteristics because most of the recent deals are to...

Abstract Is there hostility toward things foreign in the US legal system? Existing work examines the success of foreign litigants in American courts and fails to find clear evidence for the existence of xenophobia. We propose to shift the debate toward the legislative framework underlying...

Abstract Emerging and developing countries around the world are playing an increasingly important role in the global economy. They move up in the global value chain very quickly. However, these countries constantly facing a plethora of challenges covering a wide range of issues. This paper...

Abstract This paper argues that the “necessity of protection” should be seriously considered when evaluating the effect of misrepresentation, but a substantial criterion or a formal standard with rebuttable and substantial exception is recommended. The weakness of insured is a key...

Abstract This article examines the effects of compensation system in the dispute resolution of securities false statement. Firstly, this paper develops an evolutionary game model to analyze the evolutionary stable strategy (ESS) of the dispute resolution. Then, we analyze the factor which...

Abstract It is an undeniable fact that artificial intelligence has been developed up until the point that it requires a very minimum human involvement. In other words, the current development has brought an Autonomous Intelligent System (AIS) into reality. On one hand, an AIS plays a significant...

Abstract This article explores the board independence of listed companies in the US and China – an ongoing and important issue of corporate governance concerning the true independence of independent directors from management in both countries. It aims to identify what elements have an impact...

Abstract Most economic theories on patent pools focus exclusively on patent owners’ licensing practices in explaining why patent owners voluntarily form a patent pool. Such an approach ignores the “property” root of patents. Judge Posner emphasized the importance of using economic theories...