This paper aims to analyse Indonesia’s new law of carbon pricing namely Presidential Regulation Number 98 Year 2021 on Carbon Economic Value. The Presidential Regulation is analyzed based on the legal framework for hierarchy in Law Number 12 Year 2011on the Formation of Legislation. This paper...

Jim Chanos has said that the time is ripe for fraud given the large valuation increases in financial assets, technology and now significant declines due to inflation and even more so the crypto winter. There are also extreme inequalities which provide the right conditions for some planning to...

University admissions processes typically seek to admit the best students into a given institution's programmes. But what does “best” mean? A century ago, it would have had more to do with breeding and gender than brains. In recent decades, the focus shifted to measurable qualities like IQ...

When people think of risks associated with artificial intelligence (AI), Hollywood looms large. Movies have long conjured the worst case scenarios: from Hal refusing to open the pod bay doors in 2001, to a murderous Arnold Schwarzenegger travelling back through time. If there is a robot...

When artificial intelligence (AI) produces artwork and text indistinguishable from human creations, are the economic foundations of creativity under threat? This paper considers the rise of tools such as Stable Diffusion and ChatGPT and their impact on the knowledge economy. “Knowledge...

According to some economists, the deglobalization of the world has commenced. While that is true of trade and of ideas, it may not reflect the experience of existing companies undergoing restructuring which have in a sense been locked into a previous matrix where its assets and stakeholders were...

The newly enacted restructuring plan under Part 26A of the Companies Act 2006 represents one of the key pieces of reform introduced by the Corporate Insolvency and Governance Act 2020. Central to the restructuring plan, which is modelled after the English scheme of arrangement, is the...

This Article provides an early assessment of the impact on corporate governance of the most recent wave of SOE reform announced by the CCP in 2013, officially known as the mixed-ownership reform (MOR). It offers a comprehensive and detailed account of the background, policy and regulatory...

In 2018, the International Maritime Organization (IMO) announced the first sector-wide emission reduction target for international shipping: to limit emissions by at least 50% by 2050 compared to 2008. The roadmap to achieve this goal is the Initial IMO Strategy on Reduction of GHG Emissions...

This paper attempts to identify the salient economic features of M&A transactions that are relevant to takeover regulation. While attainment of the optimal mechanism in every instance may not be possible, we have suggested general guidelines as to how takeover regulation should move towards the...