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9 Jul 2023: There is intellectual support in economics and sociology for the narrative.6 Abasic income (if not its tax source) enjoys cross-ideological support from MiltonFriedman to Guy Standing.7 Basic income ... NAIRU economics was close to manifesting itself in

5 Dec 2023: 1 Introduction The theory of (long-term) contracts has been in the core of industrial organization and energy economics for. ... the literature on long-term contracts and investment incentives. The institutional economics literature.

9 Jul 2023: they are required to make, and with the rewards for their active participation. ... In most areas, the introduction of localised terms and conditions has been selective.

9 Jul 2023: Therefore, this change affected the means not the goal of the law and constitutes hence a ‘second order-’ not a ‘first order change’ in Hall’s (1993) terminology. ... nature of the stock corporation with far-reaching repercussions for company

9 Jul 2023: economics (e.g., Bräutigam and Knack 2004; Rodrik, Subramanian, and Trebbi 2004; Kaufmann, Kraay, and Mastruzzi 2008; Broich, Szirmai, and Thomsson 2015). ... The substantive content of conditionality reflects the belief in neoclassical economics—an

9 Jul 2023: As employees and their representatives can be expected to be opposed to increasing outsider control over firms and therefore to increasing levels of shareholder orientation in company law and policy, countries ... to acquire political leverage that can

9 Jul 2023: In economics and law the nature of contracts, the contractual environment and the role of trust have been central issues in transaction cost theory (Maher, 1997; Arrighetti, Bachmann and Deakin, 1997). ... Williamson, O., 1993, ‘Calculativeness, Trust

9 Jul 2023: division and stratification: worker-protective labour law continues, we maintain, to have the potential to realise a progressive policy agenda. ... Nonetheless, the experience of Europe, where the SER originated and reached its clearest expression in law

9 Jul 2023: the scope of legal regulation of business in the context of Keynesian economics and Welfare statism, on the other. ... post-Keynesian economics and post-Welfare state governance, future attention has to be directed to both corporations and the state as

9 Jul 2023: Gambardella, 1994), and enhances their ability to identify and absorb suitable acquisition targets. ... This is followed by a section describing the dataset and the methodology employed.

9 Jul 2023: Our results provide generalizable lessons for legal reform. JEL Codes: G24, G28, G33, G38, H25 Keywords: venture capital, law and finance, bankruptcy Acknowledgements Armour gratefully acknowledges ESRC funding. ... Previous literature has tended to

9 Jul 2023: 3. Economic theory and responsibility Given the evidence we have accumulated, with modern data and comparative law, it is important to see just how wrong mainstream economics has been about job ... 51 cf A Smith, The Wealth of Nations (1776) Book I, ch 8,

9 Jul 2023: personality. In this paper I aim to use the Lawson-Searle exchange to cast light on the debate on the nature of the corporation in both economics and law. ... Section 3 then builds a bridge between these recent developments in social ontology and

9 Jul 2023: JEL Codes: K0 Law and Economics (general), L5 Regulation and Industrial Policy, O1 Economic Development Keywords: law, regulation, corporate governance, theory Acknowledgements Gerhard Schnyder gratefully acknowledges funding from the Economic and

9 Jul 2023: governance, before considering historical evidence on the long-run relationship between labour law and development. ... 2. New institutional economics and the employment relationship Although some labour lawyers have maintained that it should be the

9 Jul 2023: 3. The Second Transition: Neoclassical Law and Economics and ‘Shock Therapy’ in the 1990s 3.1 The Law and Economics of Transition The fall of the Berlin Wall in 1989 was ... Richard Posner, leading exponent of Chicago-school law and economics and

9 Jul 2023: A dwindling minority of corporate law theorists still argue our economic constitution should exalt ‘shareholder primacy’ and ‘value’. ... Further, all states should (i) uphold freedom, the rule of law, and equal treatment of citizens, (ii)

9 Jul 2023: 1. Introduction The recent Strategic Framework paper published by the Company Law Review’s Steering Committee is, to an extent that is striking, suffused with the normative language of welfare economics. ... Valuable business opportunities might be

9 Jul 2023: 2. 3. The origin of the concept of capabilities: Lancaster and Sen The concept of capabilities originates in debates within welfare economics. ... Although Sugden does not put in such terms, one implication of his approach is that many of the

9 Jul 2023: may be strengthened via recourse to the law and tougher legal penalties. ... Zingales, L. (1998), ‘Corporate governance’, in P. Newman (ed.), The. New Palgrave Dictionary of Economics and the Law, Vol.1, London and Basingstoke: Macmillan.

9 Jul 2023: The argument is developed as follows. Section 2 below outlines the theoretical positions which have been taken within the law and economics literature on the role of implicit contracts and related ... regulatory system: company law, the Takeover Code,

9 Jul 2023: by developments in the political economy, of which a corporate, labour law and. ... success. It is here, where business historians, corporate law economics and.

9 Jul 2023: These changes have, for instance, been a result of EU law and political developments. ... Some similarities within. 21. Common Law and within Civil Law countries have been found for the protection of workers.

9 Jul 2023: It is often referred to as a fiduciary duty. There are a number of contemporary ongoing debates regarding the fiduciary spanning the disciplines of law, philosophy, economics, and organisational theory. ... Noting the increasing momentum behind the

9 Jul 2023: Finance’, American Law and Economics Review 7(1): 211-252. Djankov, S., La Porta, R., Lopez de Silanes, F., Shleifer, A., (2005). ... The Law. and Economics of Self-Dealing. NBER Working Paper No. W11883.

9 Jul 2023: bankruptcy law, and also on the quality of enforcement of those rules (Berko-. ... from the role played by multinational companies and law and accounting firms.

5 Feb 2024: Theory. • Demsetz, 1968, ‘Why Regulate Utilities?,. Journal of Law and Economics. • ... American Economic Review 72 (1): 1-15. • Demsetz, H. (1968), ‘Why Regulate Utilities?, Journal of Law and Economics 11 (1), 55-65. •

9 Jul 2023: Keywords: gig economy, digitalisation, future of work, labour law, law and technology, Uber. ... 2. The implication of this approach is that labour law and technological change mutually interact, albeit in uneven and unpredictable ways.

9 Jul 2023: families, namely the English common law, and the civil law in its French,. ... longitudinal datasets which track changes in labour law, and related areas of the.

9 Jul 2023: rectangular marker in 2012.28. 9. Fig. 2 Relationship between Shareholder Protection and Law Enforcement. ... typical for the US model of corporate law and (ii) that there has been US.

9 Jul 2023: We also attempt to integrate this empirical material into the wider theoretical framework of comparative institutional analysis in economics and law. ... In a similar vein, Mattei (1997: 144), who more explicitly incorporates a law-and-economics

9 Jul 2023: LABOUR LAW AND INCLUSIVE DEVELOPMENT: THE ECONOMIC EFFECTS OF INDUSTRIAL RELATIONS LAWS IN. ... Most of the existing research on the economics of labour law relates, however, to developed countries, and there is a need to extend this type of analysis to

9 Jul 2023: Section 5 concludes. 2. Legal Origins Theory: Refining the Core Hypotheses The theoretical foundation of the interdisciplinary field of law and finance lies in new institutional economics, and specifically in the ... La Porta’s et al.’s 1998 ‘law

9 Jul 2023: In view of the obstacles encountered by traditional approaches, a range of alternatives from both law and economics is considered which may be described as procedural theories. ... Including conventionalist economics and autopoiesis, these alternative

9 Jul 2023: 2. some recent substantive developments in the fields of company law and social. ... law. 9. 3. Recent developments in governance at EU level: company law and.

9 Jul 2023: Keywords: Labour law, empirical legal studies, econometrics JEL Codes: Acknowledgements I am grateful for feedback from Ruth Dukes and other participants at the workshop on Labour Law and Labour Markets: New ... The research described in the paper was

9 Jul 2023: its constitution for the benefit of its shareholders and to comply with the financial reporting and other disclosure requirements stipulated by company law”. ... law and other regulations.

9 Jul 2023: 1145-51), the configuration of political ideology (Roe, 2000), the regulation of investment intermediaries (Roe, 1994), and the impact of antitrust law (Cheffins, 2003a). ... With respect to the latter, he asserts that “corporate law does little, or

9 Jul 2023: Keywords: ownership disclosure, shareholder protection, comparative company law, law and finance, legal convergence JEL Codes: G10, G30, G38, G30, G38, K22 K42, N20, N40, O16, P50 Acknowledgements We are grateful for ... This could be interpreted as a

9 Jul 2023: Section 3 then looks at the historical development of legal analogues of capability in the English poor law and law of social insurance. ... a similarly far-reaching process of transformation in the poor law and labour legislation.

9 Jul 2023: obey the law), ethical (to foster good practice) and discretionary (to give to the community). ... We do an honest day’s work. We tell the truth. We obey the law.

9 Jul 2023: trustees, to guide investment strategies, and ii) contractarian law (influenced by the work of Chicago School of Economics professor Ronald Coase), which claims the view that fiduciary relationships are purely reducible ... 17. that investors are

9 Jul 2023: There is little in the academic literature concerning their aims, content and outcomes. ... 1993; Byrd et al. 1995) and conference calls to analysts (Frankel et al.

12 Dec 2023: EPRG Working Paper 2219 Cambridge Working Paper in Economics CWPE2305. Paul Simshauser1 Tim Nelson & Joel Gilmore Abstract. ... This occurred in Australia, albeit imperfectly.  Centre for Applied Energy Economics & Policy Research,

9 Jul 2023: legal origin: a case of institutional complementarity?’ Law and Society Review 41: 865-908. ... Armour, J., Deakin, S., Mollica, V. and Siems, M. (2009c) ‘Law and financial.

9 Jul 2023: and Department of Applied Economics Austin Robinson Building. Sidgwick Avenue Cambridge CB3 9DE. ... To the politician and administrator, ‘laissez faire’ ensured law and order at a minimum cost and effort.

12 Dec 2023: 1993. ‘Incomplete International Cooperation to Reduce CO2 Emissions: Alternative Policies’. Journal of Environmental Economics and Management 24 (3): 258–71. ... 2017. ‘The Impacts of Environmental Regulations on Competitiveness’. Review of

9 Jul 2023: The defining features of Keynesian economics included a rejection of Say’s law – the notion that supply creates its own demand; the paradox of thrift whereby an attempt to save more ... However, important differences remain. For example, there is a

9 Jul 2023: Keywords: Corporate Governance, Japan, Institutions, Finance JEL Codes: G23, K22, P52 Acknowledgements We gratefully acknowledge funding from the ESRC’s Rising Powers and Interdependent Futures Research Programme, Project ‘Law, Development and

9 Jul 2023: decade of the present one, and contrasts it with the longer-run co-evolution of company law and the industrial market economy. ... Company law and employment law both recognise the importance of indeterminate or open-ended commitments.