Despite the increasing trend towards deregulation, the public regulation of private activities remains a common phenomenon in industrialized countries. However, it is frequently claimed that slow and costly regulatory licensing procedures impede economic growth. This book investigates the...

Die ökonomische Bedeutung der Organhaftung im nationalen Aktienrecht -- Der Einfluss von D&O-Versicherungen auf die Organhaftung -- Die materiell-rechtliche Organhaftung de lege lata -- Das Haftungsdurchsetzungsdefizit, seine Ursachen und die Konsequenzen -- Die Reform der Aktionärsklage als...

In this paper we consider the role of lawmakers as norm entrepreneurs. Drawing from expressive law theories and social response theories, we shed light on the role of law in shaping social values and norms, and on the ability of the law to produce social norms where they did not exist before....