Research handbook on the economics of corporate law / edited by Claire A. Hill, Brett H. McDonnell.

Format:

Book

Contributor:

Hill, Claire A.

McDonnell, Brett H.

Series:

Research handbooks in law and economics.

Research handbooks in law and economics

Language:

English

Subjects (All):

Corporation law--Economic aspects.

Corporation law.

Commercial law--Economic aspects.

Commercial law.

Physical Description:

1 online resource (496 p.)

Place of Publication:

Cheltenham : Edward Elgar, 2012.

Language Note:

English

Summary:

Comprising essays specially commissioned for the volume, leading scholars who have shaped the field of corporate law and governance explore and critique developments in this vibrant and expanding area and offer possible directions for future research. This important addition to the Research Handbooks in Law and Economics series provides insights into subjects such as the role of directors, shareholders, creditors and employees; empirical studies of litigation and shareholder activism; executive compensation; corporate gatekeepers; comparative law; and behavioral approaches to law and finance.

Contents:

Cover; Series Listing; Copyright; Contents; Contributors; 1. Introduction: The evolution of the economic analysis of corporate law; PART I CORPORATE CONSTITUENCIES; 2. Director primacy; 3. Corporate law and the team production problem; 4. The role of shareholders in the modern American corporation; 5. Creditors and debt governance; 6. Employees and the boundaries of the corporation; 7. The role of the public interest in corporate law; PART II INSIDER GOVERNANCE; 8. Fiduciary duties: The emerging jurisprudence; 9. Empirical studies of representative litigation

10. The elusive quest for director independence11. 'Low-cost' shareholder activism: A review of the evidence; 12. Takeover theory and the law and economics movement; 13. The law and economics of executive compensation: Theory and evidence; PART III GATEKEEPERS; 14. Transaction cost engineers, loophole engineers or gatekeepers: the role of business lawyers after the financial meltdown; 15. Credit rating agencies and regulatory reform; 16. The influence of law and economics on law and accounting: Two steps forward, one step back; 17. The role and regulation of the research analyst

18. D&O insurance and the ability of shareholder litigation to deter19. The influence of investment banks on corporate governance; PART IV JURISDICTION; 20. Varieties of corporate law-making: Competition, preemption and federalism; 21. The past and future of comparative corporate governance; PART V NEW THEORY; 22. Self-dealing by corporate insiders: Legal constraints and loopholes; 23. Behavioral approaches to corporate law; 24. Market efficiency after the fall: Where do we stand following the financial crisis?; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-280-49315-1

9786613588388

1-78100-521-4

OCLC:

787843609