The global enforcement of U.S. law and its implication for European corporate governance - M. Winkler and D. Restrepo Amarilas ©Fotolia

The jurisdiction of US economic sanctions is far greater than many businesses realise. French banking corporation BNP Paribas recently agreed to pay the US government the astronomic amount of 8.9 billion dollars, for doing business in sanctioned countries such as Sudan, Iran and Cuba. In their study, David Restrepo Amariles and Matteo Winkler investigate what this means for the future of European (...)

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