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Behavioral Approaches to Corporate LawDonald C. LangevoortGeorgetown University Law Center 2012 RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW, Claire A. Hill and Brett H. McDonnell eds., Northampton, Mass.: Edward Elgar 2012 Georgetown Law and Economics Research Paper No. 12-015 Georgetown Public Law Research Paper No. 12-055 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.
Number of Pages in PDF File: 33 Keywords: behavioral economics, corporate law, securities law, behavioral finance, behavioral approaches, corporate cultures, corporate governance, legal scholars JEL Classification: K22 Accepted Paper SeriesDate posted: April 19, 2012Suggested CitationContact Information
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