skip to main content
Visitante
Meu Espaço
Minha Conta
Sair
Identificação
This feature requires javascript
Tags
Revistas Eletrônicas (eJournals)
Livros Eletrônicos (eBooks)
Bases de Dados
Bibliotecas USP
Ajuda
Ajuda
Idioma:
Inglês
Espanhol
Português
This feature required javascript
This feature requires javascript
Primo Search
Busca Geral
Busca Geral
Acervo Físico
Acervo Físico
Produção Intelectual da USP
Produção USP
Search For:
Clear Search Box
Search in:
Busca Geral
Or hit Enter to replace search target
Or select another collection:
Search in:
Busca Geral
Busca Avançada
Busca por Índices
This feature requires javascript
This feature requires javascript
Incipient activism of Sovereign Wealth Funds and the need to update United States securities laws
Slawotsky, Joel
International review of law, 2015-03, Vol.2015 (2), p.8
[Periódico revisado por pares]
Qatar University Press
Texto completo disponível
Citações
Citado por
Exibir Online
Detalhes
Resenhas & Tags
Mais Opções
Nº de Citações
This feature requires javascript
Enviar para
Adicionar ao Meu Espaço
Remover do Meu Espaço
E-mail (máximo 30 registros por vez)
Imprimir
Link permanente
Referência
EasyBib
EndNote
RefWorks
del.icio.us
Exportar RIS
Exportar BibTeX
This feature requires javascript
Título:
Incipient activism of Sovereign Wealth Funds and the need to update United States securities laws
Autor:
Slawotsky, Joel
Assuntos:
activist investors
;
institutional activism
;
securities laws
É parte de:
International review of law, 2015-03, Vol.2015 (2), p.8
Descrição:
Sovereign Wealth Funds (SWFs) lie at the cutting edge of a tectonic transformation in global business and international law embodying the sweeping changes in the global order. Illustrating the new financial and legal paradigm, SWFs demonstrate the blurring of lines between public actor states and private market actors. Ostensibly entrusted with the advancement of the public good of their respective citizenry, SWFs traditionally invested their vast pools of capital in apolitical, non-controversial, conservative government debt. Starting around 2006–2007, SWFs initiated an aggressive campaign of diversification and commenced allocating their immense investment capital into equity markets, real estate, energy projects, farming and private equity. This significant change led to SWF investment becoming inextricably linked to strategic industries in recipient nations. Simultaneously, apprehension developed in capital recipient nations with respect to potential non-financial motivation of SWF investment and the interrelated national security implications. In response, SWFs emphasized that they were not interested in exercising control over companies or countries, voluntarily limited their stakes, and expressed intent to embrace a passive shareholder approach. Since plowing into various investment markets, SWFs have generally acted cautiously and refrained from activist conduct which substantially obviated concerns over undue foreign control in host states. However, SWFs have recently undertaken a more activist investment approach comparable to other large investors. While the SWF activism is profits-centric, the behavioral shift reintroduces anxieties with respect to foreign government influence over political decision-making in host nations as well as undue dominance over strategic industry and infrastructure. Moreover, given their titanic financial strength, even profits based investment raises concerns over SWF dominance and influence over financial markets, portfolio companies and economic sectors. In the United States, securities laws mandate disclosure and regulatory approval for certain transactions. Such laws afford regulators an opportunity to review investment activity and provide an alert to ascertain whether the investor is in compliance with rules and regulations. In light of the budding activism, it is timely to examine whether securities laws need to be updated. What are the ramifications of SWFs working with other SWFs with respect to acting in concert and group action? Are SWF investors sufficiently different as to justify heightened regulation? This article will examine current US regulatory policy, identify potential shortcomings in light of the developing investment climate, and concludes with suggested reforms.
Editor:
Qatar University Press
Idioma:
Inglês;Árabe
This feature requires javascript
This feature requires javascript
Voltar para lista de resultados
Anterior
Resultado
9
Avançar
This feature requires javascript
This feature requires javascript
Buscando em bases de dados remotas. Favor aguardar.
Buscando por
em
scope:(USP_VIDEOS),scope:("PRIMO"),scope:(USP_FISICO),scope:(USP_EREVISTAS),scope:(USP),scope:(USP_EBOOKS),scope:(USP_PRODUCAO),primo_central_multiple_fe
Mostrar o que foi encontrado até o momento
This feature requires javascript
This feature requires javascript