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Norm-based crisis and Deceitful firms

Author

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  • Miguel A. Durán

    (Department of Economic Theory and Economic History, University of Granada)

Abstract

The aim of this paper is to provide an explanation of recent corporate malpractices in terms of individuals’ norm-based behaviour. In particular, it suggests that corporate misbehaviour could be understood in terms of a system-wide explanation grounded in the way in which the market itself operates and the endogenous norms which regulate its operation.

Suggested Citation

  • Miguel A. Durán, 2005. "Norm-based crisis and Deceitful firms," ThE Papers 05/12, Department of Economic Theory and Economic History of the University of Granada..
  • Handle: RePEc:gra:wpaper:05/12
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    File URL: http://www.ugr.es/~teoriahe/RePEc/gra/wpaper/thepapers05_12.pdf
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    More about this item

    Keywords

    Accounting misbehaviour; Deception; Economic crisis; Invisible-hand explanation; Norm.;
    All these keywords.

    JEL classification:

    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting

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