Gaetano Presti
Titoli dell'autore
La sostenibilità nel diritto dell’impresa e delle società:
l’auspicabile ritorno della regolazione pubblica
digital

Anno:
2022
The article, given the ambiguity of the term ‘‘sustainability’’, focuses on the so-called external sustainability and, especially, on the impact of the business activity on the environment. In this perspective, the development of European Union regulation is exposed, noting how from an approach initially limited to information alone and to the ‘‘delegation’’ to the (genuine or instrumental) sensitivity of private operators, there is a transition to a prescriptive approach in which the public regulator correctly resumes its irreplaceable role of balancing interests...
€ 6,00
Le agenzie di rating: dalla protezione alla regolazione
digital

Anno:
2009
Credit rating agencies are among the institutions more involved – and blamed – in the recent
financial markets turmoil. Although they are more than a century old and play a crucial role in evaluating
and disseminating information on financial products, until very recently they had not captured
the attention neither of the regulators, nor of the scholars. Both EU and USA are now engaged in setting
new rules for credit rating agencies, which, before the crisis, were the only financial players without
a specific set of rules and regulations and public oversight. The article shows that the history of
credit rating agencies is not only surprising, but also essential to understand the weakness of their peculiar
business model. Therefore, knowing better such history could help lawmakers to design the
new, more balanced legal framework that will emerge from the financial crisis.
€ 6,00
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