LawSaving the World Thanks to Environmental Law
A new paper by Fracchia and Allena investigates how the concept of sustainable development has spilled from environmental law into other areas, becoming an effective counterbalance to globalization
FinanceA Family Firm is Forever. But Not Everywhere
Hannes Wagner and co-authors, in a paper forthcoming in the Review of Financial Studies, show that in countries where the legal protection of minority shareholders is weak and financial development is low, family firms do not follow a life cycle, but live virtually forever