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Author:
Shapira, Roy, 1976- author.
Title:
Law and reputation : how the legal system shapes behavior by producing information / Roy Shapira, Interdisciplinary Center (Israel).
Publisher:
Cambridge University Press,
Copyright Date:
2020
Description:
xiii, 256 pages ; 24 cm
Subject:
Corporate governance--Law and legislation.
Corporate image.
Corporations--Public relations.
Corporations--Public opinion.
Corporate governance--Law and legislation--United States.
Corporate governance--Law and legislation.
Corporate image.
Corporations--Public opinion.
Corporations--Public relations.
United States.
Notes:
Based on author's thesis (doctoral - Harvard Law School, 2014). Includes bibliographical references and index.
Contents:
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
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"-- Provided by publisher.
ISBN:
1316637255
9781316637258
1107186501
9781107186507
OCLC:
(OCoLC)1141911676
LCCN:
2020007266
Locations:
OVUX522 -- University of Iowa Libraries (Iowa City)

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