Behavioral Approaches to Corporate Law
RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW, Claire A. Hill and Brett H. McDonnell eds., Northampton, Mass.: Edward Elgar 2012
33 Pages Posted: 19 Apr 2012
Date Written: 2012
Abstract
This chapter reviews the challenges associated with developing a plausible theory of why psychological "heuristics and biases" might persist in high-stakes business settings. Specific attention is given to issues of loyalty on corporate boards, behavioral finance, and corporate cultures.
Keywords: behavioral economics, corporate law, securities law, behavioral finance, behavioral approaches, corporate cultures, corporate governance, legal scholars
JEL Classification: K22
Suggested Citation: Suggested Citation
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