Securities Regulation
Market Failure and the Economic Case for a Mandatory Disclosure System
John C. Coffee Jr.
- Year
- 1984
- Venue
- Virginia Law Review
- Level
- Intermediate
Summary
Presents the economic case for a mandatory disclosure system in securities markets. The article argues that market failures, information asymmetries, and external benefits from standardized issuer disclosure can justify legal requirements that cannot be fully replicated by private contracting alone.
Citation
John C. Coffee Jr.. "Market Failure and the Economic Case for a Mandatory Disclosure System." Virginia Law Review, 1984.
DOI: 10.2307/1073083
BibTeX
@article{Jr1984Market,
title = {Market Failure and the Economic Case for a Mandatory Disclosure System},
author = {John C. Coffee Jr.},
year = {1984},
journal = {Virginia Law Review},
doi = {10.2307/1073083},
url = {https://doi.org/10.2307/1073083}
}