Zur Übersichtsseite Fachmedien
Fischer, Marius
Disruptive Change and the Capital Markets
On Information, Risk and Uncertainty In englischer Sprache
Artikel-Nr.:
8089473
ISBN:
9783111043005
Verlag:
Walter de Gruyter, Berlin
Auflage:
1. Auflage 2023
Erscheinungsdatum:
03.04.2023
Umfang:
298 Seiten
Einbandart:
gebunden
Produktinformationen "Disruptive Change and the Capital Markets"
The risk-based approach to capital markets regulation is in crisis. Climate change, shifting demographics, geopolitical conflicts and other environmental discontinuities threaten established business models and shorten the life spans of listed companies.
The current rules for periodic disclosure in the EU fail to inform market participants adequately. Unlike risks, uncertainties are unquantifiable or may only be quantified at great cost, causing them to be insufficiently reflected in periodic reports.
This is unfortunate, given the pivotal role capital markets must play in the economy’s adaptation to environmental discontinuities. It is only with a reformed framework for periodic disclosure, that gradual and orderly adaptation to these discontinuities appears feasible. To ensure orderly market adaptation, a new reporting format is required: scenario analysis should be integrated into the European framework for periodic disclosure.
- Develops the rationale for capital markets regulation in Europe.
- Analyses the European framework for periodic disclosures.
- Makes a proposal for reform to capture environmental discontinuities with scenario analysis.
Details zur Produktsicherheit
Verantwortliche Person für die EU:
Walter de Gruyter GmbH
Genthiner Str. 13
10785 Berlin
Deutschland
productsafety@degruyterbrill.com
| Autoren: | Fischer, Marius |
|---|---|
| Produkttyp: | Monographie |
| Reihentitel: | Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht |
Downloads:
Loading