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Corporate Law and Economics [Kõva köide]

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This 11th volume in the highly acclaimed Encyclopedia of Law and Economics provides a sophisticated summary of law and economics approaches to the most important topics in contemporary corporate law.



The work is divided into three thematic parts, namely; corporate governance, securities regulation, and the law and economics of debt financing. The Encyclopedia reviews leading empirical research and provides theoretical methods for a nuanced understanding of the field, including such specific issues as the characteristics of corporations, the role of passive index funds in corporate governance, the board of directors’ actions, and core principles such as the business judgement rule.



Presenting a synopsis of both the classic and emerging literature across several corporate law sectors, each chapter also offers a detailed bibliography and operates as a springboard and touchstone for further research.



Corporate Law and Economics will be an indispensable resource for scholars and students of corporate law as well as for economics, accountancy and management scholars working in the fields of corporate governance and industrial organisation.



Key Features:



  • Includes new theoretical tools for thinking about the changing roles of key actors, such as business directors

  • Addresses contemporary topics such as the economics of insider trading to illustrate a complete picture of modern economics

  • Expert contributions and comprehensive literature reviews that will benefit scholars from a variety of law and non-law disciplines such as economics and accounting



This 11th volume in the highly acclaimed Encyclopedia of Law and Economics provides a sophisticated summary of law and economics approaches to the most important topics in contemporary corporate law. The work is divided into three thematic parts, namely; corporate governance, securities regulation, and the law and economics of debt financing.

Arvustused

This volume offers meticulously researched and highly accessible accounts of key areas of corporate law, analyzed through an economic lens. Written by leading scholars, each chapter compellingly illustrates the value of economic analysis in assessing law and policy. It serves as an essential reference for anyone seeking a deeper understanding of fundamental doctrines and questions in corporate governance, securities regulation, and law and finance. -- Andrew Tuch, Washington University in St. Louis, US

Contents:1 Introduction to Corporate Law and Economics 1Adam B. BadawiPART I CORPORATE GOVERNANCE AND THE LEGALSTRUCTURE OF THE FIRM2 The theory of business organizations 8Giuseppe Dari-Mattiacci3 The monitoring board revisited 35Zenichi Shishido4 Passive investing and corporate governance: A law andeconomics analysis 58Dorothy S. Lund5 Corporate expression 79Vincent J. Buccola6 The business judgment rule 97Adam B. BadawiPART II THE LAW AND ECONOMICS OF SECURITIES REGULATION7 The law and economics of insider trading 2.0 126Stephen M. Bainbridge8 What is the purpose of securities regulation? 152David H Webber and Connor S FlahertyPART III CORPORATE DEBT9 The use of debt in corporate finance 177Elisabeth de Fontenay10 Deconstructing the senior creditor 205Anthony J Casey and Andrew VersteinIndex
Edited by Adam B. Badawi, Professor of Law, Law School, University of California, Berkeley, US