Recently added articles from Yale Journal on Regulation:

Counter-Cyclical Enforcement of Corporate Law

Jan 01, 2008; Aviram, Amitai ... Corporate and securities laws are seen as mitigating corporate fraud by manipulating the incentives of agents: presenting corporate agents with a probability of being caught and punished if they commit fraud. This Article suggests that the same laws also affect corporate fraud in a significant ...

The SEC Regulation of Takeovers: Some Doubts from a Game Theory Perspective and a Proposal for Reform

Jan 01, 2008; Hannes, Sharon; Yadlin, Omri ... This Article shows that in cases where shareholders subject to partial takeover bids lack information about the tendering decisions of their peers, such shareholders might accept detrimental tender offers. This outcome could be improved by way of a slight change in the rules of the game. We ...

Introductory Comment

Jan 01, 2008; Raso, Connor ... Symposium: Reflections on Executive Order 13,422 This Symposium evaluates President Bush's January 2007 amendments to the Executive Order governing the White House regulatory review process. ' A brief review of the current process will provide context to evaluate the recent changes. All ...

The Rhetoric and Reality of Regulatory Reform

Jan 01, 2008; Coglianese, Cary ... Executive Order (E.O.) 13,422 leaves in place most of the existing review process established earlier under Presidents Reagan through Clinton. But it makes several controversial changes to Clinton's E.O., such as requiring that agencies specify in writing the regulatory problems they seek to ...

Soft Law Reform or Executive Branch Hardball: The Ambiguous Message of Executive Order 13,422

Jan 01, 2008; Mashaw, Jerry L ... Imagine that Executive Order (E.O.) 13,422 had been issued by President Al Gore, accompanied by the following press release: Regulation by executive branch and independent agencies of the federal government has become a defining feature of the American administrative state. Over the past ...

The Economic Significance of Executive Order 13,422

Jan 01, 2008; Noll, Roger G ... Executive Order (E.O.) 13,422 is remarkably short, covering barely more than two pages and consisting primarily of a series of small wording changes and insertions into President Clinton's E.O. 12,866 that established the current regime of mandatory benefit-cost analysis for regulations ...

The Reformed CFIUS Regulatory Framework: Mediating Between Continued Openness to Foreign Investment and National Security

Jan 01, 2008; Georgiev, George Stephanov ... Introduction The regulatory regime that governs the national security review of foreign acquisitions of U.S. companies has drawn significant attention recently as a result of several high-profile transactions. In 2005, the proposed acquisition of U.S. energy giant Unocal by a subsidiary ...

Due Process and Management for Guidance Documents: Good Governance Long Overdue

Jan 01, 2008; Noe, Paul R; Graham, John D ... On January 18, 2007, President Bush signed amendments to clarify and strengthen Executive Order (E.O.) 12,866, which President Clinton had issued to update principles for inter-agency planning and review of regulations. The most important provisions of President Bush's E.O. 13,422 clearly extend ...