Corporate Law and Economics

This 11th volume in the highly acclaimed Encyclopedia of Law and Economics provides a sophisticated summary of law and economics approaches to the most important topics in contemporary corporate law. The work is divided into three thematic parts, namely; corporate governance, securities regulation, and the law and economics of debt financing. The Encyclopedia reviews leading empirical research and provides theoretical methods for a nuanced understanding of the field, including such specific issues as the characteristics of corporations, the role of passive index funds in corporate governance, the board of directors’ actions, and core principles such as the business judgement rule. Presenting a synopsis of both the classic and emerging literature across several corporate law sectors, each chapter also offers a detailed bibliography and operates as a springboard and touchstone for further research. Corporate Law and Economics will be an indispensable resource for scholars and students of corporate law as well as for economics, accountancy and management scholars working in the fields of corporate governance and industrial organisation. Key Features: Includes new theoretical tools for thinking about the changing roles of key actors, such as business directors Addresses contemporary topics such as the economics of insider trading to illustrate a complete picture of modern economics Expert contributions and comprehensive literature reviews that will benefit scholars from a variety of law and non-law disciplines such as economics and accounting