Optimal Deterrence of Illegal Behavior Under Imperfect Corporate Governance
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Argenton, C. & van Damme, E.E.C., 2014. "Optimal Deterrence of Illegal Behavior Under Imperfect Corporate Governance," Other publications TiSEM e037f38f-8c76-402a-bbaa-6, Tilburg University, School of Economics and Management.
References listed on IDEAS
- Xavier Gabaix & Augustin Landier, 2008.
"Why has CEO Pay Increased So Much?,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(1), pages 49-100.
- Xavier Gabaix & Augustin Landier, 2006. "Why Has CEO Pay Increased So Much?," 2006 Meeting Papers 518, Society for Economic Dynamics.
- Xavier Gabaix & Augustin Landier, 2006. "Why Has CEO Pay Increased So Much?," NBER Working Papers 12365, National Bureau of Economic Research, Inc.
- Gary S. Becker, 1974.
"Crime and Punishment: An Economic Approach,"
NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54,
National Bureau of Economic Research, Inc.
- Gary S. Becker, 1968. "Crime and Punishment: An Economic Approach," Journal of Political Economy, University of Chicago Press, vol. 76(2), pages 169-169.
- Segerson, Kathleen & Tietenberg, Tom, 1992. "The structure of penalties in environmental enforcement: An economic analysis," Journal of Environmental Economics and Management, Elsevier, vol. 23(2), pages 179-200, September.
- Lewis, Tracy R. & Sappington, David E. M., 1999. "Using decoupling and deep pockets to mitigate judgment-proof problems1," International Review of Law and Economics, Elsevier, vol. 19(2), pages 275-293, June.
- Motta, Massimo & Fabra, Natalia, 2013. "Antitrust Fines in Times of Crisis," CEPR Discussion Papers 9290, C.E.P.R. Discussion Papers.
- Shavell, Steven, 1997. "The optimal level of corporate liability given the limited ability of corporations to penalize their employees," International Review of Law and Economics, Elsevier, vol. 17(2), pages 203-213, June.
- Yolande Hiriart & David Martimort, 2006.
"The benefits of extended liability,"
RAND Journal of Economics, RAND Corporation, vol. 37(3), pages 562-582, September.
- Hiriart, Yolande & Martimort, David, 2004. "The Benefits of Extended Liability," IDEI Working Papers 334, Institut d'Économie Industrielle (IDEI), Toulouse, revised Jun 2005.
- HIRIART Yolande & MARTIMORT David, 2006. "The Benefits of Extended Liability," LERNA Working Papers 06.28.221, LERNA, University of Toulouse.
- Christopher M. Snyder, 2010. "Should Firms be Allowed to Indemnify Their Employees for Sanctions?," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 26(1), pages 30-53, April.
- Angelucci, Charles & Han, Martijn A., 2012. "Private and public control of management," SFB 649 Discussion Papers 2012-058, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Dieter Balkenborg, 2001. "How Liable Should a Lender Be? The Case of Judgment-Proof Firms and Environmental Risk: Comment," American Economic Review, American Economic Association, vol. 91(3), pages 731-738, June.
- Tracy R. Lewis & David E. M. Sappington, 2001. "How Liable Should a Lender Be? The Case of Judgment-Proof Firms and Environmental Risk: Comment," American Economic Review, American Economic Association, vol. 91(3), pages 724-730, June.
- Polinsky, A. Mitchell & Shavell, Steven, 1993. "Should employees be subject to fines and imprisonment given the existence of corporate liability?," International Review of Law and Economics, Elsevier, vol. 13(3), pages 239-257, September.
- Joseph E. Harrington Jr, 2013. "Corporate Leniency Programs when Firms have Private Information: The Push of Prosecution and the Pull of Pre-emption," Journal of Industrial Economics, Wiley Blackwell, vol. 61(1), pages 1-27, March.
- Pitchford, Rohan, 1995. "How Liable Should a Lender Be? The Case of Judgment-Proof Firms and Environmental Risk," American Economic Review, American Economic Association, vol. 85(5), pages 1171-1186, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Yeon‐Koo Che & Kathryn E. Spier, 2008.
"Strategic judgment proofing,"
RAND Journal of Economics, RAND Corporation, vol. 39(4), pages 926-948, December.
- Che, Yeon-Koo & Spier, Kathryn, 2006. "Strategic Judgment Proofing," MPRA Paper 6100, University Library of Munich, Germany.
- Yeon-Koo Che & Kathryn E. Spier, 2008. "Strategic Judgment Proofing," NBER Working Papers 14183, National Bureau of Economic Research, Inc.
- Juan José Ganuza & Fernando Gómez, 2003. "Optimal negligence rule under limited liability," Economics Working Papers 759, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2004.
- Gérard Mondello, 2017.
"Lenders and Risky Activities: Strict Liability or Negligence Rule?,"
GREDEG Working Papers
2017-13, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Gérard Mondello, 2021. "Lenders and risky activities: strict liability or negligence rule?," Working Papers halshs-03502612, HAL.
- Feess, Eberhard & Hege, Ulrich, 2003.
"Safety monitoring, capital structure, and "financial responsibility","
International Review of Law and Economics, Elsevier, vol. 23(3), pages 323-339, September.
- Feess, E. & Hege, U., 2000. "Safety Monitoring, Capital Structure, and "Financial Responsibility"," Other publications TiSEM 3705f485-8463-48c7-a622-3, Tilburg University, School of Economics and Management.
- Ulrich Hege & Eberhard Feess, 2003. "Safety monitoring, capital structure, and "financial responsibility"," Post-Print hal-00459915, HAL.
- Feess, E. & Hege, U., 2000. "Safety Monitoring, Capital Structure, and "Financial Responsibility"," Discussion Paper 2000-33, Tilburg University, Center for Economic Research.
- Iwasaki, Masaki, 2020. "A model of corporate self-policing and self-reporting," International Review of Law and Economics, Elsevier, vol. 63(C).
- Seshimo, Hiroyuki, 2022. "Optimal extended liability rule in a competitive financial market with heterogeneous borrower firms," Journal of Mathematical Economics, Elsevier, vol. 98(C).
- Bidénam Kambia-Chopin, 2010. "Environmental risks, the judgment-proof problem and financial responsibility," European Journal of Law and Economics, Springer, vol. 30(2), pages 77-87, October.
- Marcel Boyer & Donatella Porrini, 2007. "Sharing Liability Between Banks and Firms: The Case of Industrial Safety Risk," CIRANO Working Papers 2007s-04, CIRANO.
- Steven Shavell & A. Mitchell Polinsky, 2000.
"The Economic Theory of Public Enforcement of Law,"
Journal of Economic Literature, American Economic Association, vol. 38(1), pages 45-76, March.
- A. Mitchell Polinsky & Steven Shavell, 1999. "The Economic Theory of Public Enforcement of Law," NBER Working Papers 6993, National Bureau of Economic Research, Inc.
- Polinsky, A. Mitchell & Shavell, Steven, 2007.
"The Theory of Public Enforcement of Law,"
Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 1, chapter 6, pages 403-454,
Elsevier.
- A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," Discussion Papers 05-004, Stanford Institute for Economic Policy Research.
- A. Mitchell Polinsky & Steven Shavell, 2005. "The Theory of Public Enforcement of Law," NBER Working Papers 11780, National Bureau of Economic Research, Inc.
- Yolande Hiriart & David Martimort, 2006.
"The benefits of extended liability,"
RAND Journal of Economics, RAND Corporation, vol. 37(3), pages 562-582, September.
- Hiriart, Yolande & Martimort, David, 2004. "The Benefits of Extended Liability," IDEI Working Papers 334, Institut d'Économie Industrielle (IDEI), Toulouse, revised Jun 2005.
- HIRIART Yolande & MARTIMORT David, 2006. "The Benefits of Extended Liability," LERNA Working Papers 06.28.221, LERNA, University of Toulouse.
- Nuno Garoupa & Jonathan Klick & Francesco Parisi, 2006.
"A law and economics perspective on terrorism,"
Public Choice, Springer, vol. 128(1), pages 147-168, July.
- Francesco Parisi & Jonathan Klick & Nuno Garoupa, 2006. "A Law and Economics Perspective on Terrorism," Working Papers 2006-09, FEDEA.
- Ichinose, Daisuke, 2011. "Contractor selection problem under extended liability," International Review of Law and Economics, Elsevier, vol. 31(1), pages 48-57, March.
- Hiriart, Yolande & Martimort, David, 2004. "Environmental Risk Regulation and Liability under Adverse Selection and Moral Hazard," IDEI Working Papers 256, Institut d'Économie Industrielle (IDEI), Toulouse.
- Marcel Boyer & Donatella Porrini, 2004.
"Modelling the choice between regulation and liability in terms of social welfare,"
Canadian Journal of Economics, Canadian Economics Association, vol. 37(3), pages 590-612, August.
- Marcel Boyer & Donatella Porrini, 2004. "Modelling the choice between regulation and liability in terms of social welfare," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 37(3), pages 590-612, August.
- Marcel Boyer & Donatella Porrini, 2002. "Modeling the Choice Between Regulation and Liability in Terms of Social Welfare," CIRANO Working Papers 2002s-13, CIRANO.
- Mondello, Gérard, 2012.
"La responsabilité environnementale des prêteurs : difficultés juridiques et ensemble des possibles,"
L'Actualité Economique, Société Canadienne de Science Economique, vol. 88(2), pages 257-278, Juin.
- Gérard Mondello, 2012. "La responsabilité environnementale des prêteurs : difficultés juridiques et ensemble des possibles," Post-Print halshs-00929853, HAL.
- Jensen, Frank & Nøstbakken, Linda, 2016.
"A corporate-crime perspective on fisheries: liability rules and non-compliance,"
Environment and Development Economics, Cambridge University Press, vol. 21(3), pages 371-392, June.
- Jensen, Frank & Nøstbakken, Linda, 2015. "A Corporate-Crime Perspective on Fisheries: Liability Rules and Non-Compliance," Discussion Paper Series in Economics 20/2015, Norwegian School of Economics, Department of Economics.
- Gérard Mondello, 2012.
"The Equivalence of Strict Liability and Negligence Rule: A " Trompe l'œil " Perspective,"
Post-Print
hal-00727223, HAL.
- Gérard Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A « Trompe l'œil » Perspective," Working Papers 2012.08, Fondazione Eni Enrico Mattei.
- Gérard Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A "Trompe l'oeil" Perspective," GREDEG Working Papers 2012-03, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Gerard, Mondello, 2012. "The Equivalence of Strict Liability and Negligence Rule: A « Trompe l'œil » Perspective," Economy and Society 121910, Fondazione Eni Enrico Mattei (FEEM).
- Gérard Mondello, 2012.
"Strict Liability, Capped Strict Liability, and Care Effort under Asymmetric Information,"
Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 168(2), pages 232-251, June.
- Gérard Mondello, 2012. "Strict Liability, Capped Strict Liability, and Care Effort under Asymmetric Information," Post-Print hal-00727213, HAL.
- Gérard Mondello, 2013.
"Ambiguous Beliefs on Damages and Civil Liability Theories","
Post-Print
halshs-00929948, HAL.
- Gérard Mondello, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories," Working Papers 2013.75, Fondazione Eni Enrico Mattei.
- Mondello, Gérard, 2013. "Ambiguous Beliefs on Damages and Civil Liability Theories," Economy and Society 158668, Fondazione Eni Enrico Mattei (FEEM).
More about this item
Keywords
illegal behavior; deterrence; agency problems; moral hazard; corporate liability; corporate crime;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2015-01-26 (Business Economics)
- NEP-CTA-2015-01-26 (Contract Theory and Applications)
- NEP-LAW-2015-01-26 (Law and Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tiu:tiucen:e037f38f-8c76-402a-bbaa-6bdfd8609532. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Richard Broekman (email available below). General contact details of provider: http://center.uvt.nl .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.