Hardback
Corporate Law and Economics
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.
More Information
Critical Acclaim
Contributors
Contents
More Information
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
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
Critical Acclaim
‘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
– Andrew Tuch, Washington University in St. Louis, US
Contributors
Contributors: Adam B. Badawi, Stephen M. Bainbridge, Vincent J. Buccola, Anthony J. Casey, Giuseppe Dari-Mattiacci, Elisabeth de Fontenay, Connor S. Flaherty, Dorothy Lund, Zen Shisheido, Andrew Verstein, David H. Webber
Contents
Contents:
1 Introduction to Corporate Law and Economics 1
Adam B. Badawi
PART I CORPORATE GOVERNANCE AND THE LEGAL
STRUCTURE OF THE FIRM
2 The theory of business organizations 8
Giuseppe Dari-Mattiacci
3 The monitoring board revisited 35
Zenichi Shishido
4 Passive investing and corporate governance: A law and
economics analysis 58
Dorothy S. Lund
5 Corporate expression 79
Vincent J. Buccola
6 The business judgment rule 97
Adam B. Badawi
PART II THE LAW AND ECONOMICS OF SECURITIES REGULATION
7 The law and economics of insider trading 2.0 126
Stephen M. Bainbridge
8 What is the purpose of securities regulation? 152
David H Webber and Connor S Flaherty
PART III CORPORATE DEBT
9 The use of debt in corporate finance 177
Elisabeth de Fontenay
10 Deconstructing the senior creditor 205
Anthony J Casey and Andrew Verstein
Index
1 Introduction to Corporate Law and Economics 1
Adam B. Badawi
PART I CORPORATE GOVERNANCE AND THE LEGAL
STRUCTURE OF THE FIRM
2 The theory of business organizations 8
Giuseppe Dari-Mattiacci
3 The monitoring board revisited 35
Zenichi Shishido
4 Passive investing and corporate governance: A law and
economics analysis 58
Dorothy S. Lund
5 Corporate expression 79
Vincent J. Buccola
6 The business judgment rule 97
Adam B. Badawi
PART II THE LAW AND ECONOMICS OF SECURITIES REGULATION
7 The law and economics of insider trading 2.0 126
Stephen M. Bainbridge
8 What is the purpose of securities regulation? 152
David H Webber and Connor S Flaherty
PART III CORPORATE DEBT
9 The use of debt in corporate finance 177
Elisabeth de Fontenay
10 Deconstructing the senior creditor 205
Anthony J Casey and Andrew Verstein
Index
