1. Corporate governance : theory and evidence -- 2. Private benefits of control -- 3. The law and economics of control powers : a theoretical framework -- 4. Legal distribution of corporate powers -- 5. How to cope with self-dealing -- 6. Regulation of related-party transactions : a comparative...

This chapter provides a general framework to analyze regulation with a law and economics approach. It introduces the volume “Regulation and Economics” of the second edition of the Encyclopedia of Law and Economics. This study intends to provide a state-of-the-art overview of regulatory...

In this chapter, written for the book 'Law and Method. Interdisciplinary Research info Law', we describe the methodology of Law and Economics. We start by discussing the mainstream economic approach to law, including the topics of rationality, the use of (sometimes unrealistic) assumptions, the...

This article discusses hedge funds activism based on Hirschman's classic. It is argued that hedge funds do not create the loyalty concerns underlying the usual short-termism critique of their activism, because the arbiters of such activism are typically indexed funds, which cannot choose...