The “Comply or Explain” Approach as a Pascalian Wager

Jean-Christophe Duhamel (1)

1 CRDP - Centre de recherche Droits et perspectives du droit - ULR 4487

This article is a short comment on Mr Sergakis’ article : “Deconstruction and reconstruction of the ‘comply or explain’ principle in EU capital markets”. It deals about the possibility for the comply or explain to be anything else than “one concept fits all”, and especially, wonders if the improvement of such a disclosure device might influence the modification of companies’ and investors’ behaviours in favour of long-termism and dialogue.

Mots clés: corporate governance; comply or explain; corporate disclosures

Mots clés: gouvernement d'entrepise; se conformer ou s'expliquer

Domaines: Droit

Jean-Christophe Duhamel. The “Comply or Explain” Approach as a Pascalian Wager. Accounting, Economics and Law: A convivium, 2015, 5 (3), ⟨10.1515/ael-2014-0021⟩. ⟨hal-01721638⟩