1st Edition

Corporate and Financial Information in the Age of Synthetic Data

By Maria Lucia Passador Copyright 2027
200 Pages 4 B/W Illustrations
by Routledge

This book develops a general theory of synthetic data as an emerging object of corporate and financial law. As artificially generated datasets increasingly inform credit modelling, stress testing, ESG disclosure, algorithmic governance, and supervisory experimentation, they are transforming the informational foundations of market life. In modern markets, knowledge is no longer simply observed; it... Read more

Dedication

Foreword by Ross P Buckley

Introduction

 

PART I THE SYNTHETIC TURN: CONSTRUCTING INFORMATION AS A LEGAL OBJECT

 

1. Defining Synthetic Data: Ontology, Legal Status, and Boundary Conditions

2. Synthetic Data in Corporate and Financial Contexts: Institutional Diffusion and Governance Practice

 

PART II GOVERNING ARTIFICIAL WORLDS: EPISTEMIC RISK AND PRUDENTIAL ORDER

 

3. Bounded Simulation Governance (BSG) and the Law of Epistemic Risk

4. Measuring Lawful Simulation: The Bounded Simulation Governance Index

5. The Supervisory Simulation Loop (SSL) as a Prudential Governance Mechanism

 

PART III GOVERNING INFORMATION: CORPORATE JUDGMENT IN THE AGE OF SIMULATION

 

6. Synthetic Data as a Corporate Asset and a Legal Construct in Corporate Law

7. Epistemic Fiduciary Duties: Governing Informational Architecture

 

Conclusion

Biography

Maria Lucia Passador is Assistant Professor of Corporate Law and Financial Markets Regulation at Bocconi University and Adjunct Professor at SUPSI. She holds an LL.M. from Harvard Law School and a Ph.D. in Business Law and a law degree, summa cum laude, both from Bocconi. She has been John M. Olin Fellow in Empirical Law and Finance at Harvard, Fellow of Harvard Programme on Corporate Governance, and Postdoctoral Researcher at the University of Luxembourg. In 2025, she received the Feltrinelli Prize for Young Scholars in Legal Sciences from the Accademia Nazionale dei Lincei. Her research focuses on corporate law, securities regulation, and comparative and empirical business law.