Discussing Corporate Misbehavior

Abstract

Corporate law scholars have begun to recognize that we must take into account the learning of real psychology, that we must understand group interactions outside the narrow bounds of neo-classical individualism, that the organization has behaviors and meanings that can no more be reduced to the individuals in it than government can be reduced to the governed, that ethical issues may be more complex than simply not stealing from shareholders (and stealing as much as possible for them).

Keywords: Corporate law, ethics, social psychology

JEL Classification: D23, D72, K23, M14