In this Element, emerging legal forms of purpose-driven corporations are analyzed, revealing two important insights. First, within the traditional corporate law, a purpose is neither protected nor enforceable over time. While companies can have goals beyond profit, these are controlled by...

Shelf design defines a final point where the retailers can influence consumers' decision making. Hence choosing the right design is important in the profit maximization of the retailer. Demand of a product is not only determined by the desirability of its location on the shelf, but also by the...

This study investigates the effects of food waste (FW) reduction goal setting on waste generation. Using a unique dataset on the status of policy response with goals for household food waste reduction across Japanese municipalities, we estimate the causal effect of setting FW reduction goals in...

This study investigates the effects of food waste (FW) reduction goal setting on waste generation. Using a unique dataset on the status of policy response with goals for household food waste reduction across Japanese municipalities, we estimate the causal effect of setting FW reduction goals in...

We conduct a field and an online classroom experiment to study gender differences in self-set performance goals and their effects on performance in a real-effort task. We distinguish between public and private goals, performance being public and identifiable in both cases. Participants set...

Die Aktiengesellschaft soll private Ersparnisse in dauerhaft gebundenes, unternehmerisches Anlagekapital transformieren. Zugleich erlaubt die Börsennotierung eine beliebig kurzfristige Anlage in unternehmenstragende Gesellschaften. Vor diesem Hintergrund bestehen in Rechtswissenschaft,...

Using natural language processing, we identify and categorize the corporate goals in the shareholder letters of the 150 largest companies in the United States, from 1955 to 2020. Corporate goals have proliferated during this period from an average of two in 1955 to almost 10 in 2020. We find a...