On average around the world, starting a business takes 7 procedures, 25 days and costs 32% of income per capita in fees. To operate and expand, the firm will need financing—from shareholders or from creditors. Raising money in the capital market is easier and less costly where minority shareholders feel protected from self-interested transactions by large shareholders. Good corporate governance rules can provide this kind of protection. But among the 189 economies covered by this article, 46 still have only very limited requirements for disclosing majority shareholders’ conflicts of interest—or none at all. In recent years, there has been remarkable progress in removing some of the biggest bureaucratic obstacles to private sector activity. Yet small and medium-size enterprises still are subject to burdensome regulations and vague rules that are unevenly applied and that impose inefficiencies on the enterprise sector. Learn more about the specific regulatory obstacles small and medium-size enterprises must navigate.
The regulatory regime surrounding cryptocurrencies is fragmented and stretches to the extremes in some jurisdictions. Learn more about how different countries deal with cryptocurrencies.
A review of ten important issues to consider when contemplating a "bring your own device" policy. Includes a review of the pros and cons of BYOD, security issues, and device management for United States based organizations.
This Top Ten shows examples of the types of compensation often overlooked under the United States Fair Labor Standards Act.
The coronavirus pandemic, the U.S.-China trade war, and the war in Ukraine have accelerated the transformation of the world's global supply chains. These developments have prompted organizations to search for a closer, more reliable supply chain that is less dependent on transoceanic transportation. This article discusses considerations for foreign companies choosing Mexico as a nearshoring option.
If you're not general counsel to a mutual fund, chances are that you’re not fully versed in the Investment Company Act of 1940. However, chances are that you do work for an operating company that has investments. Not understanding the far reach of this Act can cause trouble for companies. Read on to find out what exactly is an inadvertent investment company and how to keep your company from becoming one.
The increasingly globalized practice of law remains riddled with local idiosyncrasies. This Toolkit offers practical pointers to help you successfully cross the Pond.
Every year natural disasters, such as hurricanes, floods, fires, earthquakes, and tornadoes, impose significant environmental harms, and many of these impacts are projected to increase as climate change accelerates. The emerging field of “disaster law” has a significant overlap with environmental law, both in responding to and managing the environmental impacts of natural disasters, and in the role of insurance and compensation in managing risks. This panel will review the legal components of disaster planning and disaster response, focusing on legal challenges that companies face in planning for disasters, ensuring continuation of operations in the face of disasters, and securing government assistance, regulatory relief, and insurance recovery in the wake of such disasters.
This QuickCounsel provides a brief overview of the Department of Justice and Securities and Exchange Commission's Resource Guide to the Foreign Corrupt Practices Act. Includes tips on the dangers of FCPA liability, the importance corruption due diligence, and various trends at the DOJ and SEC.
This guide provides a legal overview for companies doing business in Massachusetts (United States).
This Wisdom of the Crowd, compiled from questions and responses posted on the Employment & Labor Forum, addresses whether an employer needs consent from its employees to use employees' photos taken at the employer's offices or events.
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