Law and reputation : how the legal system shapes behavior by producing information / Roy Shapira.
2020
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Author
Title
Law and reputation : how the legal system shapes behavior by producing information / Roy Shapira.
Imprint
Cambridge : Cambridge University Press, 2020.
Description
1 online resource (xiii, 256 pages) : digital, PDF file(s)
Formatted Contents Note
Introduction
How reputation works
How the legal system affects reputation
Private litigation : corporate law's puzzle
Public Enforcement : The SEC's Settlement practices
Corporate Philanthropy as signaling and co-optation
Regulators' reputation
The case for openness
The case against mandatory arbitration
Conclusion.
How reputation works
How the legal system affects reputation
Private litigation : corporate law's puzzle
Public Enforcement : The SEC's Settlement practices
Corporate Philanthropy as signaling and co-optation
Regulators' reputation
The case for openness
The case against mandatory arbitration
Conclusion.
Summary
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.
Note
Title from publisher's bibliographic system (viewed on 07 Sep 2020).
Location
www
Available in Other Form
Print version:
Linked Resources
Alternate Title
Cambridge Books Online.
Language
English
ISBN
9781316890653 (ebook)
9781107186507 (hardback)
9781316637258 (paperback)
9781107186507 (hardback)
9781316637258 (paperback)
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