Disruptive Change and the Capital Markets: On Information, Risk and Uncertainty
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...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Berlin ; Boston
De Gruyter
[2023]
|
| Series: | Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht
65 |
| Subjects: | |
| Online Access: | DE-1043 DE-1046 DE-858 DE-859 DE-860 DE-473 DE-19 DE-739 Volltext |
| Summary: | 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 |
| Physical Description: | 1 Online-Ressource (XVIII, 298 Seiten) |
| ISBN: | 9783111045238 |
| DOI: | 10.1515/9783111045238 |
Staff View
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| spelling | Fischer, Marius Verfasser aut Disruptive Change and the Capital Markets On Information, Risk and Uncertainty Marius Fischer Berlin ; Boston De Gruyter [2023] © 2023 1 Online-Ressource (XVIII, 298 Seiten) txt rdacontent c rdamedia cr rdacarrier Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht 65 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 In English Europäische Union (DE-588)5098525-5 gnd rswk-swf EIW. Kapitalmarktrecht Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht LAW / Commercial / General bisacsh Regulierung (DE-588)4201190-5 gnd rswk-swf Kapitalmarkt (DE-588)4029578-3 gnd rswk-swf Kapitalmarktrecht (DE-588)7573652-4 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Europäische Union (DE-588)5098525-5 b Kapitalmarkt (DE-588)4029578-3 s Kapitalmarktrecht (DE-588)7573652-4 s Regulierung (DE-588)4201190-5 s DE-604 Erscheint auch als Druck-Ausgabe 9783111043005 https://doi.org/10.1515/9783111045238 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Fischer, Marius Disruptive Change and the Capital Markets On Information, Risk and Uncertainty Europäische Union (DE-588)5098525-5 gnd EIW. Kapitalmarktrecht Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht LAW / Commercial / General bisacsh Regulierung (DE-588)4201190-5 gnd Kapitalmarkt (DE-588)4029578-3 gnd Kapitalmarktrecht (DE-588)7573652-4 gnd |
| subject_GND | (DE-588)5098525-5 (DE-588)4201190-5 (DE-588)4029578-3 (DE-588)7573652-4 (DE-588)4113937-9 |
| title | Disruptive Change and the Capital Markets On Information, Risk and Uncertainty |
| title_auth | Disruptive Change and the Capital Markets On Information, Risk and Uncertainty |
| title_exact_search | Disruptive Change and the Capital Markets On Information, Risk and Uncertainty |
| title_exact_search_txtP | Disruptive Change and the Capital Markets On Information, Risk and Uncertainty |
| title_full | Disruptive Change and the Capital Markets On Information, Risk and Uncertainty Marius Fischer |
| title_fullStr | Disruptive Change and the Capital Markets On Information, Risk and Uncertainty Marius Fischer |
| title_full_unstemmed | Disruptive Change and the Capital Markets On Information, Risk and Uncertainty Marius Fischer |
| title_short | Disruptive Change and the Capital Markets |
| title_sort | disruptive change and the capital markets on information risk and uncertainty |
| title_sub | On Information, Risk and Uncertainty |
| topic | Europäische Union (DE-588)5098525-5 gnd EIW. Kapitalmarktrecht Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht LAW / Commercial / General bisacsh Regulierung (DE-588)4201190-5 gnd Kapitalmarkt (DE-588)4029578-3 gnd Kapitalmarktrecht (DE-588)7573652-4 gnd |
| topic_facet | Europäische Union EIW. Kapitalmarktrecht Schriften zum Europäischen und Internationalen Privat-, Bank- und Wirtschaftsrecht LAW / Commercial / General Regulierung Kapitalmarkt Hochschulschrift |
| url | https://doi.org/10.1515/9783111045238 |
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