The compulsory adoption of International Financial Reporting Standards (IFRSs) in Europe has been one of the most important developments in the accounting and finance literature in the last couple of years. IFRSs have promised to provide more accurate and transparent financial statements, and hence to be more value-relevant to investors than local GAAP. Because there are broadly two different a...

The explosive growth of electronic commerce transactions in recent years has added fuel to efforts to harmonize international commercial law. Organizations such as the International Institute for the Unification of Private Law (UNIDROIT), the United Nations Commission on International Trade Law (UNCITRAL) and the Hague Conference on Private International Law are all participating in an emerging...

Most legal academics and policymakers believe that weight should be accorded to conceptions of fairness in evaluating legal policies. We explain, however, that adherence to any notion of fairness will sometimes lead to a conflict with the Pareto principle. That is, to endorse a notion of fairness is to endorse the view that it can be desirable to adopt a legal rule that will reduce the well-bei...

In this chapter, I define the scope of electronic commerce law and discuss how law can evolve in response to rapid change in social and business practices. I summarize how commercial law has adapted to electronic sales of goods using EDI and Internet distribution systems, discuss the strengths and weaknesses from a legal perspective of a new technology-based model for electronic commerce – digi...

56 ** Tracey Tremayne-Lloyd, LLB, BA, is a Health Law Lawyer (Partner) a ** Dr. Gary Srebrolow, LLB, DDS, BSc, is a Health Law Lawyer at Gard The authors wish to acknowledge the assistance of Angela Chu, Studen of Ontario (CCO), and criminal law to protect test subjects and ensure that animal and other human experiments are conducted in a safe and socially responsible manner. REBs have the powe...

The Public Schools Accountability Act of 1999 was the outcome of SB 1 sponsored by Dede Alpert and signed into law by Governor Gray Davis in March of 1999. This law mandates the ranking of all California public schools based on their Academic Performance Index (API). The law also establishes annual growth targets for each school. Schools that meet their growth targets will be eligible for finan...