The aim of this article is to examine how the structure of legislation can nurture accessibility and effectiveness of legislation. |
Search result: 17 articles
Year 2015 xArticle |
Structure of Legislation: A Paradigm for Accessibility and Effectiveness |
Journal | European Journal of Law Reform, Issue 3 2015 |
Keywords | effectiveness of legislation, structure of legislation, accessibility of legislation, quality drafting, clarity |
Authors | Elohor Onoge |
AbstractAuthor's information |
Article |
Consolidating Family Law in Kenya |
Journal | European Journal of Law Reform, Issue 2 2015 |
Keywords | family law, matrimonial, marriage, equality, reform |
Authors | Dr. Lucyline Nkatha Murungi |
AbstractAuthor's information |
Following the adoption of a new Constitution in 2010, Kenya embarked on an extensive process of law reform in order to give effect to the provisions of the Constitution. Accordingly, in 2014, two main statutes were adopted in the area of family law: the Matrimonial Property Act and the Marriage Act. In addition, parliamentary discussion of a Bill on domestic violence was underway as of March 2015. The main outcome of the Marriage Act is the consolidation of family laws that were previously covered in multiple statutes, customary law, and common law in one Act. The Matrimonial Property Act is the first Kenyan legislation on the subject, and is therefore a critical development in Kenya’s family law. The new family laws embrace a number of significant developments at the national and international levels in relation to matrimonial relations. However, the new laws also raise concerns in a number of areas of family law including; the equality of men and women in marriage, the capacity of persons with disabilities to consent to marriage, the rights of spouses to matrimonial property, kinds of marriage, and registration of marriages. This article discusses the approach of these laws to selected issues in marriage and matrimonial property, and highlights areas of concern in this regard. |
Article |
Goodwill/Intangibles Accounting Rules, Earnings Management, and Competition |
Journal | European Journal of Law Reform, Issue 1 2015 |
Keywords | fraud, mergers and acquisitions, Games economic psychology, regulation, goodwill and intangibles |
Authors | Michael I.C. Nwogugu |
AbstractAuthor's information |
Intangible assets account for 60%-75% of the market capitalization value in most developed stock markets around the world. The US GAAP and IFRS Goodwill and Intangibles accounting regulations (ASC 805, Business Combinations; ASC 350, Goodwill and Intangible Assets; IFRS-3R, Business Combinations; and IAS 38, Accounting for Intangible Assets) are inefficient and create potentially harmful psychological biases. These regulations facilitate earnings management and money laundering, reduce competition within industries, and are likely to increase the incidence of fraud and misconduct. This article introduces a new goodwill/intangibles disclosure/accounting model that can reduce the incidence of fraud, information asymmetry, moral hazard, adverse selection, and inaccuracy. The article also introduces new economic psychological theories that can explain fraud, misconduct, and non-compliance arising from the implementation of the goodwill/intangibles accounting rules. |