This paper analyses changes in the legal protection of shareholder and creditor rights in 24 transition economies from 1990 to 1998. It documents differences in the initial conditions and a tendency towards convergence of formal legal rules as the result of extensive legal reforms. Convergence seems to be primarily the result of foreign technical assistance programmes as well as of harmonisatio...

This paper has as its goal to analyze taxation of cryptoactives and the legal limits economic power. The proposition consists in pointing out main questions about this problematic, aiming pin point how lack regulation on can undermine rule law, well legality, neutrality tax equality. Therefore, first topic, are regarded a bundle decisions from regulatory agencies, namely, Economy Ministry – Min...

We study tax and regulatory policy in the legal marijuana market using unique administrative data from Washington state. Washington's retail entry restrictions have resulted firms with substantial power who behave like local monopolists. show how presence of causes recommendations to differ standard models that assume perfect competition. Combining structural demand measured pass-through, we is...

Abstract This article examines the development of doctrine ‘permanent constituent power’ in Mexico. reflects a long tradition constitutional theory according to which exercise power is one-time event: once constitution adopted, there will be no legal mechanism place for people’s original constitution-making authority. view nonetheless tension with notion that has also been historically embraced...

The development of dependable information systems in legal contexts requires a precise understanding the subtleties underlying phenomena. According to modern philosophy law, much these phenomena are relational nature. In this paper, we employ theoretically well-grounded core ontology (UFO-L) conduct an ontological analysis focused on fundamental relation, namely, power-subjection relation. We s...