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Corporate finance theory seeks to understand how incorporated firms address the financial constraints that affect their investment decisions. This is achieved by using varied financial instruments that seek to give holders different claims on the firm's assets. Recent scholarship in this area has highlighted the critical importance of the legal environment in explaining the choices that companies make about their capital structure. This book combines company law, capital markets law, and aspects of commercial and insolvency law to give readers a detailed understanding of the legal and regulatory issues relating to corporate finance. Informed by insights from theoretical and empirical work, the book examines from a legal perspective the key elements of corporate financing structures and capital markets in the UK. The authors' practical experience of transactions and regulatory issues ensures that thorough scholarly inquiry and critical reflection are complemented by an assured understanding of the interface between legal principles and rules as they are documented and in their actual operation. Key developments covered in this third edition include the post-Brexit adaptation of UK company law and capital market regulation, important new cases on parent company liability in tort, creditor-facing duties of directors, issuer and director liability for misleading statements to the market, alternatives to public market financing, and recent changes in the practice of debt finance.
This book reviews the major physics results from the meson factories, surveys the status of the relevant fields (including pion physics, hadron physics, and electroweak physics), and explores prospects for further progress.
Lively and Engaging, An Introduction to the American Legal System Speaks to a Broad Spectrum of Students as It Informs Them about Contemporary Legal Issues That Directly Impact Their Lives, Law, Courts, and Liberties. The Sixth Edition of An Introduction to the American Legal System provides both historical context and thoroughly up-to-date coverage of all aspects of American law and the legal system. Vivid examples, on-point case summaries, and hot-button issues make this text an obvious choice for paralegal, criminal justice, political science, prelaw, or legal studies courses. New to the Sixth Edition: Emphasis on recent decisions by the U.S. Supreme Court, such as?Dobbs?v. Jackson Women’s Health Organization?(2022), that have an impact on public policy and questions of constitutional interpretation, the importance of precedent, and the role of the Court in the constitutional system Added discussions of the debate surrounding the meaning of the Second Amendment, with particular attention paid to the Supreme Court’s decision in New York State Rifle & Pistol Association v. Bruen Additional current and engaging content throughout the book to help students connect the legal issues in the text with interesting real-world applications Expanded coverage of free speech rights in high school and college settings Analysis of numerous Supreme Court decisions concerning civil rights and liberties through the 2021–2022 term Professors and students will benefit from: A comprehensive overview of the history and structure of the American legal system, supported by real-life examples Contemporary topical coverage of constitutional issues, torts, property law, contracts and business law, family law, legislation, and administrative law Cases in Point that concisely illustrate how the law applies in the real world Questions for discussion in every chapter that point to high-interest issues for debate A well-crafted pedagogical design that includes learning objectives and chapter outlines A four-part structure easily grasped by students: Foundations of the Legal System, Public Law, Private Law, and the Legal Process Clear and accessible writing A comprehensive glossary of legal terms
This volume is a progress report on the project Research and Development of Advanced Database Systems for Integration of Media and User Environments, supported by the Ministry of Education, Science, Sports and Culture of Japan. It investigates research on new database systems due to the recent development of network technology; a clearer picture of integration by database technology is drawn as a result.
Unearthing artistic creativity at the heart of British industrialism, Catherine Hindson tells the story of Bournville's employee theatre.
This book is a very useful reference guide on how de jure and de facto standards are being developed and how these standards compete against each other. The book also looks at how FRAND commitments are being determined across countries, how these disputes have played out, especially in Asia, and how they can be better dealt with in future globally. The book gives a broad overview of the business model of dominant SEP patentees and analyzes some standards for FRAND licensing of SEPs which are converging in major Asian jurisdictions. It highlights the need for ex ante regulation in the FRAND licensing of SEPs and suggests how we can reconcile conflicts which may arise from different legal standards. This book provides detailed and comprehensive analysis of recent SEP cases with an emphasis on Asia and will interest anyone who wishes to have more insight into the legal, policy, industrial and economic implications of such issues.
This book analyses cases of incomplete secession after separatist wars and what this means for relations between central governments and de facto states. The work explores the interplay between violence and power by examining the micro-dynamics inherent in the process of escalation between separatists and central governments. These dynamics affect not only the security interactions between these entities, but also the character of political and governance relations that are built in the aftermath of secessionist war. The book provides comprehensive analyses of the evolution of post-conflict relations between the Republic of Moldova and Transnistria and between Georgia and South Ossetia and Abkhazia. Beyond these empirical and conceptual examples, the book contributes to a key debate in International Relations that addresses the relationship between democratisation, nationalism and violence, and its applicability to the study of escalation in the post-Soviet space. This book will be of much interest to students of secession, statehood, conflict studies, democratisation, post-Soviet politics and International Relations in general. Chapter 2 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
This book presents novel theoretical and empirical findings on the issue of unrecognized states and secession. The first part of the book conceptualizes unrecognized states as entities with a national identity and which have achieved political independence, yet are not internationally recognized as independent states. It also addresses topics such as the role of superpowers in secessionist conflicts, ontological security in post-Soviet states, and factors influencing the legitimacy of secession referenda. In turn, the book’s second part presents selected case studies on various secessionist regions and territories, including Kurdistan, the Caucasus, Kosovo, and Bougainville.
The Digital Factoryreveals the hidden human labor that supports today’s digital capitalism. The workers of today’s digital factory include those in Amazon warehouses, delivery drivers, Chinese gaming workers, Filipino content moderators, and rural American search engine optimizers. Repetitive yet stressful, boring yet often emotionally demanding, these jobs require little formal qualification, but can demand a large degree of skills and knowledge. This work is often hidden behind the supposed magic of algorithms and thought to be automated, but it is in fact highly dependent on human labor. The workers of today’s digital factory are not as far removed from a typical auto assembly line as we might think. Moritz Altenried takes us inside today’s digital factories, showing that they take very different forms, including gig economy platforms, video games, and Amazon warehouses. As Altenried shows, these digital factories often share surprising similarities with factories from the industrial age. As globalized capitalism and digital technology continue to transform labor around the world, Altenried offers a timely and poignant exploration of how these changes are restructuring the social division of labor and its geographies as well as the stratifications and lines of struggle.