Law and Reputation

How the Legal System Shapes Behavior by Producing Information

Roy Shapira (Autor)

Buch | Softcover

272 Seiten

2020
Cambridge University Press (Verlag)
978-1-316-63725-8 (ISBN)

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This rich account of how market forces work in tandem with legal forces is a valuable resource for legal scholars across a wide range of fields that invoke notions of market discipline. Shapira's work is especially relevant to coursework and research on the economic analysis of law and corporate governance.

The legal system affects behavior not just directly, by imposing sanctions, but also indirectly, by producing information on how people behave. For example, internal company documents exposed during litigation will help third parties assess whether they trust a company and want to keep doing business with it. The law therefore affects behavior by shaping reputations. Drawing on economics, communications, and a nascent multidisciplinary literature on reputation, Roy Shapira highlights how reputation works, and how information from the courtroom affects the court of public opinion, with a particular emphasis on the role of the media. By fleshing out interactions between law and reputation, Shapira corrects common misperceptions about the ability of market forces to discipline corporate behavior and adds to timely, ongoing debates such as the desirability of heightened pleading standards or mandatory arbitration clauses. Law and Reputation should interest any scholar who invokes notions of market discipline in their work.

Roy Shapira is Associate Professor at the Harry Radzyner Law School, Interdisciplinary Center (IDC), Herzliya. He has focused on the interactions between law and reputation over the past decade: teaching it at Harvard Economics Department, consulting on it for private firms, and publishing in numerous law reviews and business publications.

1. How Reputation Works; 2. How The Legal System Affects Reputation; 3. Private Litigation. Corporate Law's Puzzle; 4. Public Enforcement. The Sec's Settlement Practices; 5. Corporate Philanthropy As Signaling And Co-Optation; 6. Regulators' Reputation; 7. The Case For Openness; 8. The Case Against Mandatory Arbitration; Conclusion.

Erscheinungsdatum	10.09.2020
Zusatzinfo	Worked examples or Exercises
Verlagsort	Cambridge
Sprache	englisch
Maße	153 x 230 mm
Gewicht	400 g
Themenwelt	Recht / Steuern ► Allgemeines / Lexika
	Recht / Steuern ► EU / Internationales Recht
	Recht / Steuern ► Wirtschaftsrecht
ISBN-10	1-316-63725-5 / 1316637255
ISBN-13	978-1-316-63725-8 / 9781316637258
Zustand	Neuware