A Law & Economics Analysis in Support of Corporate Social Responsibility: Prevention of 'Accidental' Stock Market Over-Valuations for Innovative Corporations
Speaker: Dr Roy Partain
Admission FREE, no booking required.
This presentation is topical because the US and other nations have loosened their guidelines on forward looking revenue statements for publicly traded corporations, particularly with regards to innovative technologies. This policy was originally intended to facilitate information to the market for industries from Silicon Valley and like that needed to convey how new innovative markets might emerge and develop from an investor’s point of view.
But these rules can place national efforts at sustainability planning in hazard, as governments might take reliance on green energy technologies that do not pan out as promised by their promotors. The presentation provides a model of policy risk drawn from the economic analysis of law; in particular it adopts and adapts an established tort/accident law model to match the circumstances of adverse information delivery. By demonstrating the potential to guide securities liability rules to reduce informational hazard, the quality of information on innovative corporations investing in sustainable technologies can be improved.
Hosted by: School of Law
Venue: Taylor Building C11