Pacces, Alessio M. --- "An Introduction: Changing Perspectives on Corporate Law and Economics" [2010] ELECD 395; in Pacces, M. Alessio (ed), "The Law and Economics of Corporate Governance" (Edward Elgar Publishing, 2010)

Book Title: The Law and Economics of Corporate Governance

Editor(s): Pacces, M. Alessio

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781848448971

Section Title: An Introduction: Changing Perspectives on Corporate Law and Economics

Author(s): Pacces, Alessio M.

Number of pages: 22

Extract:

An introduction: changing perspectives
on corporate law and economics
Alessio M. Pacces

1. SYNOPSIS

This book includes the proceedings of the conference on `Changing
Perspectives on Corporate Law and Economics', held in Rotterdam on 6
November 2008 in honour of one of the founders of the economic analysis
of law, Guido Calabresi. The collection is made up of six main contribu-
tions and six shorter comments by the speakers who acted as discussants.
The subject matter of the book ­ corporate governance ­ is one of the
most heated topics in the economic analysis of law. In the aftermath of the
largest global financial crisis after the 1930s, the negative consequences of
which we are still experiencing, the connection between law and corporate
finance has been evident from the news. More generally, this connection
is extremely important for the governance of enterprises, which affects not
only the financial markets, but also the efficiency of production, economic
growth, and the overall well-being of our societies.
In addressing the above issues, this book takes an interdisciplinary per-
spective. Economic analysis of law is a fruitful intellectual challenge for
economists and lawyers alike. It offers new views on legal and economic
theory, questioning or reinforcing the traditional ones. It enhances the
quality of counselling available to individuals and businesses. It allows
policymakers to design better rules for society. Above all, in corporate
governance, research, practice, and lawmaking are all based on the inter-
action of economics with the law. The present collection of chapters ...