Amir N. Licht

Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

P.O. Box 167

Herzliya, 46150

Israel

European Corporate Governance Institute (ECGI)

Research Associate

c/o ECARES ULB CP 114

B-1050 Brussels

Belgium

http:/www.ecgi.org

SCHOLARLY PAPERS

44

DOWNLOADS
Rank 610

SSRN RANKINGS

Top 610

in Total Papers Downloads

28,749

CITATIONS
Rank 1,590

SSRN RANKINGS

Top 1,590

in Total Papers Citations

354

Scholarly Papers (44)

The Mother of All Path Dependencies: Toward a Cross-Cultural Theory of Corporate Governance Systems

Number of pages: 89 Posted: 05 Apr 2000
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 1,710 (7,194)
Citation 20

Abstract:

The Mother of All Path Dependencies: Toward a Cross-Cultural Theory of Corporate Governance Systems

Delaware Journal of Corporate Law, Vol. 26, No. 1, pp. 147-205, 2001
Number of pages: 59 Posted: 14 Oct 2001
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 1,286 (11,427)
Citation 20

Abstract:

Culture, Law, and Finance: Cultural Dimensions of Corporate Governance Laws

Number of pages: 62 Posted: 27 Apr 2001
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 1,717 (7,141)
Citation 17

Abstract:

Culture, Law, and Finance: Cultural Dimensions of Corporate Governance Laws

Number of pages: 64 Posted: 23 Jul 2001
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 1,220 (12,399)
Citation 17

Abstract:

3.

The Social Dimensions of Entrepreneurship

OXFORD HANDBOOK OF ENTREPRENEURSHIP, Mark Casson and Bernard Yeung, eds., Oxford University Press, 2006
Number of pages: 43 Posted: 26 Oct 2005
Amir N. Licht and Jordan I. Siegel
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and University of Michigan
Downloads 2,367 (3,143)
Citation 9

Abstract:

Entrepreneurship, social institutions, culture, law, social networks, reputation

The Maximands of Corporate Governance: A Theory of Values and Cognitive Style

ECGI - Law Working Paper No. 16/2003
Number of pages: 125 Posted: 25 Nov 2003
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 1,685 (7,395)
Citation 11

Abstract:

corporate governance systems, stockholder-stakeholder debate, stakeholder theory, values, culture, cognitive style, cognitive closure, value complexity, behavioral law, economics

The Maximands of Corporate Governance: A Theory of Values and Cognitive Style

Delaware Journal of Corporate Law, Vol. 29, No. 3, pp. 649-746, 2004
Number of pages: 98 Posted: 19 Jul 2005
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 345 (70,272)
Citation 11

Abstract:

maximands, economic analysis, values, psychological research, cognitive style, Delaware, Journal, Corporate, Law

Culture Rules: The Foundations of the Rule of Law and Other Norms of Governance

Number of pages: 56 Posted: 24 Jun 2002
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 1,310 (11,081)
Citation 47

Abstract:

Culture Rules: The Foundations of the Rule of Law and Other Norms of Governance

Journal of Comparative Economics, Vol. 37, pp. 659-688, 2007
Number of pages: 50 Posted: 25 Sep 2007
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 527 (41,703)
Citation 44

Abstract:

culture, social institutions, governance, rule of law, corruption, democracy

6.

Culture, Law, and Corporate Governance

Number of pages: 47 Posted: 25 Mar 2004
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 1,395 (9,272)
Citation 41

Abstract:

corporate governance, investor rights, litigation, civil procedure, formalism, culture, social institutions

7.

Accountability and Corporate Governance

Number of pages: 42 Posted: 11 Oct 2002
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 1,395 (8,330)
Citation 3

Abstract:

8.
Downloads 1,157 ( 13,794)
Citation 3

Shareholders and Stakeholders: How Do Directors Decide?

ECGI - Finance Working Paper No. 276/2010
Number of pages: 51 Posted: 08 Feb 2010 Last Revised: 23 Jul 2012
Renee B. Adams, Amir N. Licht and Lilach Sagiv
University of New South Wales, Department of Banking and Finance, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Jerusalem School of Business Administration
Downloads 901 (19,759)
Citation 3

Abstract:

Corporate Governance, Shareholderism, Stakeholders, Values

Shareholders and Stakeholders: How Do Directors Decide?

Strategic Management Journal, Forthcoming
Number of pages: 25 Posted: 18 Oct 2010 Last Revised: 19 Apr 2013
Renee B. Adams, Amir N. Licht and Lilach Sagiv
University of New South Wales, Department of Banking and Finance, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Jerusalem School of Business Administration
Downloads 256 (98,142)
Citation 3

Abstract:

shareholderism, stakeholders, directors, values, corporate governance

Egalitarianism, Cultural Distance, and FDI: A New Approach

Organization Science, Forthcoming
Number of pages: 35 Posted: 17 Jan 2007 Last Revised: 07 Jun 2012
University of Michigan, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 931 (18,806)
Citation 10

Abstract:

FDI, global strategy, multinational corporations, culture, cultural distance, egalitarianism, environmental protection, regulatory arbitrage, Pollution Haven Hypothesis, entrepreneurship, bilateral investment treaties

Egalitarianism, Cultural Distance, and FDI: A New Approach

Organization Science, Forthcoming
Number of pages: 35 Posted: 08 Jun 2012 Last Revised: 19 Dec 2016
University of Michigan, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 86 (247,925)
Citation 10

Abstract:

foreign direct investment, neo-institutionalism, FDI, global strategy, multinational firm, culture, cultural distance, egalitarianism, regulatory arbitrage, pollution haven hypothesis, entrepreneurship

10.

Cross-Listing and Corporate Governance: Bonding or Avoiding?

Chicago Journal of International Law, Vol. 4, Spring 2003
Number of pages: 35 Posted: 03 Apr 2003
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 1,017 (15,355)
Citation 67

Abstract:

11.
Downloads 772 ( 25,228)
Citation 20

Egalitarianism and International Investment

Number of pages: 41 Posted: 01 May 2006 Last Revised: 10 Nov 2010
University of Michigan, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 609 (34,435)
Citation 20

Abstract:

culture, informal institutions, social institutions, egalitarianism, cultural distance

Egalitarianism and International Investment

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 22 Posted: 13 Jan 2011 Last Revised: 25 Aug 2011
University of Michigan, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Department of Psychology
Downloads 163 (152,242)
Citation 20

Abstract:

culture, informal institutions, social institutions, egalitarianism, cultural distance, international investment, cross-listing, foreign direct investment, mergers and acquisitions

12.

Culture and Law in Corporate Governance

European Corporate Governance Institute (ECGI) - Law Working Paper No. 247/2014
Number of pages: 59 Posted: 15 Mar 2014
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 655 (15,249)
Citation 38

Abstract:

corporate governance, culture, corporate law, social institutions, social networks, board of directors, stakeholders, earnings management, dividend payouts, executive compensation

Legal Plug-Ins: Cultural Distance, Cross-Listing, and Corporate Governance Reform

Number of pages: 75 Posted: 03 Apr 2003
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 420 (55,491)
Citation 8

Abstract:

corporate governance, legal transplantation, cross-listing, culture, cognitive style, South Korea

Legal Plug-Ins: Cultural Distance, Cross-Listing, and Corporate Governance Reform

Berkeley Journal of International Law, Forthcoming
Number of pages: 70 Posted: 02 Dec 2003
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 230 (109,782)
Citation 8

Abstract:

14.

Corporate Governance

Number of pages: 26 Posted: 21 Mar 2011 Last Revised: 17 Nov 2011
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 532 (29,799)

Abstract:

corporate governance, social institutions

David's Dilemma: A Case Study of Securities Regulation in a Small Open Market

Number of pages: 38 Posted: 14 Dec 2000
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 315 (77,972)
Citation 12

Abstract:

David's Dilemma: A Case Study of Securities Regulation in a Small Open Market

Theoretical Inquiries in Law, Vol. 2, No. 2, July 2001
Number of pages: 30 Posted: 10 Jan 2002
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 212 (119,086)
Citation 12

Abstract:

16.

Bonding and Dominance in Securities Markets: Cross-listing and Corporate Governance

Number of pages: 108 Posted: 12 Feb 2003
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 517 (41,351)
Citation 2

Abstract:

17.

Social Norms and the Law: A Social Institutional Approach

Number of pages: 77 Posted: 02 May 2005
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 497 (40,735)

Abstract:

social norms, rule of law, social institutions, culture, economics and psychology

18.

The Pyramid of Social Norms: A New Perspective

Number of pages: 23 Posted: 11 Apr 2001
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 491 (44,493)

Abstract:

19.

Stock Exchange Mobility, Unilateral Recognition, and the Privatization of Securities Regulation

Virginia Journal of International Law
Number of pages: 60 Posted: 17 Dec 2000
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 472 (47,016)

Abstract:

20.

Shareholderism: Board Members' Values and the Shareholder-Stakeholder Dilemma

ECGI - Finance Working Paper No. 204/2008
Number of pages: 40 Posted: 14 Apr 2008 Last Revised: 23 Oct 2014
Renee B. Adams, Amir N. Licht and Lilach Sagiv
University of New South Wales, Department of Banking and Finance, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Jerusalem School of Business Administration
Downloads 451 (45,830)
Citation 2

Abstract:

corporate governance, stakeholders, corporate social responsibility, values

21.

What Makes the Bonding Stick? A Natural Experiment Involving the U.S. Supreme Court and Cross-Listed Firms

Harvard Business School Strategy Unit Working Paper No. 11-072
Number of pages: 69 Posted: 24 Jan 2011 Last Revised: 27 Aug 2013
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law, Harvard Business School, University of Michigan and Hong Kong University of Science & Technology (HKUST)
Downloads 415 (56,873)
Citation 8

Abstract:

bonding, enforcement, reputation, cross-listing, corporate governance, civil liability

The Entrepreneurial Spirit and What the Law Can Do About it

Number of pages: 55 Posted: 01 Apr 2007
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 202 (124,804)
Citation 4

Abstract:

Entrepreneurship, economic theory, psychology, values, motivations, culture, law, regulation of entry, bankruptcy

The Entrepreneurial Spirit and What the Law Can Do About It

Comparative Labor Law & Policy Journal, Vol. 28, No. 4, 2007
Number of pages: 46 Posted: 12 Aug 2007 Last Revised: 23 Oct 2007
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 195 (129,106)
Citation 4

Abstract:

entrepreneurship, psychology, values, motivations, culture, law

23.

Managerial Opportunism and Foreign Listing: Some Direct Evidence

Number of pages: 32 Posted: 20 Feb 2001
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 338 (71,333)
Citation 12

Abstract:

24.

Social Norms and the Law: Why Peoples Obey the Law

The Review of Law and Economics, Forthcoming
Number of pages: 47 Posted: 22 Dec 2008
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 322 (66,528)
Citation 9

Abstract:

social norms, law, culture, rule of law

25.

Eminent Domain, Inc.

Columbia Law Review, Vol. 107, p. 1704, 2007
Number of pages: 45 Posted: 08 Mar 2007 Last Revised: 24 Dec 2007
Amnon Lehavi and Amir N. Licht
Interdisciplinary Center Herzliyah - Radzyner School of Law and Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 238 (99,454)
Citation 7

Abstract:

eminent domain, takings, just compensation, anticommons, corporate governance, development, redelopment, kelo, public use, corporation, option, land readjustment, compulsory purchase, regeneration, special purpose vehicle, securities, markets, taxation, local government, stock exchange, public goods

26.

BITs and Pieces of Property

Yale Journal of International Law, Vol. 36, p. 115, 2011
Number of pages: 52 Posted: 19 Feb 2010 Last Revised: 18 Jan 2011
Amnon Lehavi and Amir N. Licht
Interdisciplinary Center Herzliyah - Radzyner School of Law and Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 179 (133,112)
Citation 2

Abstract:

Property rights, BITs, FDI, international law, culture

27.

Squaring the Eminent Domain Circle: A New Approach to Land Assembly Problems

Land Lines, Vol. 19, No. 1, p. 14, January 2007
Number of pages: 6 Posted: 23 Dec 2006
Amnon Lehavi and Amir N. Licht
Interdisciplinary Center Herzliyah - Radzyner School of Law and Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 162 (149,715)

Abstract:

takings, eminent domain, just compensation, land assembly, corporate governance, property, development, redevelopment, markets, stock exchange

28.

שם הוורד: אמצעי זהירות ושיקול-דעת עסקי של נושא משרה
(The Name of the Rose: Precautions and Business Judgment of Company Directors and Officers)

משפט ועסקים יט, תשע"ה 2015,
Number of pages: 66 Posted: 17 Nov 2014 Last Revised: 15 Apr 2015
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 141 (140,733)

Abstract:

נושא משרה, חובת זהירות, אמצעי זהירות, שיקול דעת עסקי, Business Judgment Rule, מיומנות

29.

State Intervention in Corporate Governance: National Interest and Board Composition

Number of pages: 23 Posted: 12 Sep 2011 Last Revised: 25 Apr 2012
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 130 (165,342)

Abstract:

corporate governance, board of directors, diversity, board composition

30.

Law for the Common Man: An Individual-Level Theory of Values, Expanded Rationality, and the Law

Law and Contemporary Problems, Vol. 74, 2011
Number of pages: 32 Posted: 12 Sep 2011
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 123 (172,963)

Abstract:

values, rationality, law abidingness

31.

Shareholderism: Board Members’ Values and the Shareholder-Stakeholder Dilemma

CELS 2009 4th Annual Conference on Empirical Legal Studies Paper
Number of pages: 40 Posted: 26 Jul 2009 Last Revised: 18 Oct 2014
Renee B. Adams, Amir N. Licht and Lilach Sagiv
University of New South Wales, Department of Banking and Finance, Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law and Hebrew University of Jerusalem - Jerusalem School of Business Administration
Downloads 103 (208,240)
Citation 1

Abstract:

corporate governance, stakeholders, corporate social responsibility, values

32.

Liability for Transnational Securities Fraud, Quo Vadis?

Chapter for Rethinking Global Finance and Its Regulation (Douglas Arner, Emilios Avgouleas, Ross Buckley, eds., CUP, Forthcoming), European Corporate Governance Institute (ECGI) - Law Working Paper No. 272/2014
Number of pages: 45 Posted: 02 Nov 2014 Last Revised: 03 Nov 2014
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 100 (179,118)

Abstract:

securities fraud, civil liability, class actions, bonding, corporate governance

33.

Expanded Rationality: From the Preferred to the Desirable, with Some Implications for Law

Number of pages: 58 Posted: 17 Dec 2008 Last Revised: 20 Dec 2008
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 79 (247,706)
Citation 1

Abstract:

Rationality, expanded rationality, bounded rationality, values

34.

ובעמום הוא מחפש את הצלול: עמימות, רכות ומהותיות בחובת הגילוי המלא
(Ambiguity, Softness, and Materiality in the Duty of Full Disclosure)

עומד להתפרסם בתוך ספר יוסי גרוס (אהרן ברק ואח' עורכים) 2015
Forthcoming in Yossi Gross Book (Aharon Barak et al. Eds.) 2015 ,
Number of pages: 34 Posted: 19 Sep 2014 Last Revised: 02 Feb 2015
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 50 (222,862)

Abstract:

35.

?חובת אמון - אימתי
(Duty of Loyalty - When?)

בתוך חובות אמון בדין הישראלי 35 (רות פלאטו-שנער, יהושע (שוקי) שגב עורכים), 2015
In Duties of Loyalty in Israeli Law 35 (Ruth Plato-Shinar & Joshua Segev, Eds., Nevo), 2015,
Number of pages: 30 Posted: 19 Sep 2014 Last Revised: 13 Jul 2016
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 44 (247,706)

Abstract:

חובת אמון, אמונאות, חובת אמון בנקאית

36.

Lord Eldon Redux: Information Asymmetry, Accountability and Fiduciary Loyalty

Oxford Journal of Legal Studies (Forthcoming), European Corporate Governance Institute (ECGI) - Law Working Paper No. 348/2017
Number of pages: 48 Posted: 28 Nov 2016 Last Revised: 03 Mar 2017
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 0 (158,846)

Abstract:

fiduciary, loyalty, accountability, accounting, corporate governance, firm, agency

37.

Motivation, Information, Negotiation: Why Fiduciary Accountability Cannot Be Negotiable

Forthcoming in: D. Gordon Smith & Andrew S. Gold, eds., Research Handbook on Fiduciary Law (Edward Elgar, 2016), European Corporate Governance Institute (ECGI) - Law Working Paper No. 349/2017
Number of pages: 38 Posted: 22 Jul 2016 Last Revised: 07 Mar 2017
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 0 (173,959)

Abstract:

fiduciary, loyalty, full disclosure, accountability, irreducible core, contractual freedom, insurance, information asymmetry

38.

בִּגְנוּת ההגינות: מקומה הנעדר של הגינות בחובת האמון בדין הישראלי
Against Fairness: The Absent Place of Fairness in the Duty of Loyalty in Israeli Law

משפטים - Mishpatim Forthcoming,
Number of pages: 76 Posted: 13 Jul 2016 Last Revised: 10 Jul 2017
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law
Downloads 0 (152,133)

Abstract:

אמונאות, חובת אמון, הגינות, הגינות מלאה, נושא משרה, בעל שליטה

39.

Genie in a Bottle? Assessing Managerial Opportunism in International Securities Transactions

Columbia Business Law Review, Vol. 2000, Pp. 51-120, 2000
Posted: 27 Sep 2000
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

Abstract:

40.

Genie in a Bottle? Assessing Mangerial Opportunism in International Securities Transactions

Columbia Business Law Review, Vol. 2000, No. 1, 2000
Posted: 17 Apr 2000
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

Abstract:

41.

International Diversity in Securities Regulation: Some Roadblocks on the Way to Convergence

John M. Olin Discussion Paper No. 233
Posted: 28 May 1998
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

Abstract:

42.

Stock Market Integration in Europe

CAER II Discussion Paper No. 15
Posted: 10 Apr 1998
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

Abstract:

Games Commissions Play: 2x2 Games of International Securities Regulation

John M. Olin Discussion Paper No. 223
Posted: 27 Mar 1998
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

Abstract:

Games Commissions Play: 2x2 Games of International Securities Regulation

Yale Journal of International Law, Vol. 24, 1999
Posted: 12 Apr 1999
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

Abstract:

44.

Regulatory Arbitrage for Real: International Securities Regulation in a World of Interacting Securities Markets

38 Virginia Journal of International Law 563, Summer 1998
Posted: 10 Dec 1997
Amir N. Licht
Interdisciplinary Center (IDC) Herzliyah - Radzyner School of Law

Abstract: