Lying at the heart of offshore finance is a basic contradiction. On the one hand, offshore finance is fundamentally driven by the desire to protect private property from the state; on the other hand, this property is itself ultimately dependent on the protection of the state. This dilemma has...

This volume investigates the durable nature of financial institutions, from the Middle Ages to the present day, and argues that reform should take place through innovation in institutional design rather than regulation.

Corporate tax avoidance hampers domestic revenue mobilization and, with it, the development of lower- and middle-income countries. While a wide range of studies has shed light on the magnitude of profit shifting by multinational corporations, the indirect costs of this behaviour is...

The rise of offshore financial centers in many respects epitomizes the ability of transnationally mobile private capital to undermine state economic sovereignty. As recent crises in Iceland, Ireland, and Cyprus have demonstrated however, this undermining of state sovereignty poses a paradox...

Over the past 20 years, a widening gulf has appeared between the increasingly internationalized financing arrangements of the world’s leading corporations, and the persistence of nationally compartmentalized approaches to the study of corporate control. With direct studies of corporate control...