Controlling corporate misconduct

a comparative analysis of alternative corporate incentive regimes by Reinier H. Kraakman

Publisher: Law and Economics Programme, Faculty of Law, University of Toronto in [Toronto]

Written in English
Published: Pages: 50 Downloads: 790
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Subjects:

  • Tort liability of corporations.,
  • Criminal liability of juristic persons.,
  • Corporations -- Corrupt practices.,
  • Commercial crimes.,
  • White collar crimes.
  • Edition Notes

    Other titlesA comparative analysis of alternative corporate incentive regimes .
    Statementby Reinier Kraakman.
    SeriesLaw and economics workshop series -- WS 1995-96 (7)
    ContributionsUniversity of Toronto. Faculty of Law. Law and Economics Programme.
    The Physical Object
    Pagination50 p. ;
    Number of Pages50
    ID Numbers
    Open LibraryOL17332099M

Controlling corporate misconduct by Reinier H. Kraakman Download PDF EPUB FB2

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Controlling Corporate Misconduct through Regulatory Offences: The Canadian Experience was published in Corporate Crime on page THE control of corporate misconduct has become one of the most significant challenges the society faces. This should be apparent even to those who regard as extravagant some of the charges directed against corporations- that the energy crisis is simply a corporate contrivance, or that the corporations are run by evil people, indifferent to the poisoning of our environment.

First, I control for potential omitted variables such as corporate philanthropy, a firm-specific measure of corporate culture, and measures of corporate governance. Second, I examine corporate misconduct around the time of new CEO appointments while controlling for time-invariant firm characteristics through firm fixed effects.

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At the local and regional level, the privatizing of economic development, or keeping it officially within the government but essentially turning it over to realtors and others who benefit directly from new businesses coming to town, can also lead to ethical misconduct, especially self-dealing.

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