TY - T1 - Taming Unsustainable Finance : The Perils Of Modern Risk Management SN - / UR - http://hdl.handle.net/10138/312357 T3 - Cambridge Law Handbooks A1 - Cullen, Jay; Mähönen, Jukka Tapio A2 - Sjåfjell, Beate; Bruner, Christopher M. PB - Cambridge University Press Y1 - 2019 LA - eng AB - A traditional response to information asymmetries in financial markets has been to require disclosure and heightened transparency in investment chains. We argue in this chapter that the trust placed in such regulatory techniques will fail to deliver sustainable investment for two reasons. The first is the structure of equity markets, which are focused on shareholder returns and excessive turnover of portfolios, preventing meaningful engagement with companies. The second is that both investors an... VO - IS - SP - OP - KW - 513 Law; uncertainty; risk; climate change; banks; financial markets N1 - PP - ER -