Corporate governance is an indispensable ingredient for economic success, with practitioners and academics agreeing that the attainment of business objectives is best facilitated with effective corporate governance. Corporate governance is based on a system of laws, codes, rules, norms, and...

This paper contains the chapters on public enforcement of law and on criminal law from a general, forthcoming book, Foundations of Economic Analysis of Law (Harvard University Press, 2003). By public law enforcement is meant the use of public law enforcement agents -- such as police, tax...

Many studies find that public law enforcers have self-interested reasons to maximize financial recoveries. We analyze a principal-agent model where a social-welfare-maximizing government needs to motivate self-interested law enforcers to exert enforcement effort to detect offending firms,...

Over the last twenty years, a quiet revolution has taken place in patent law. Before 1982, courts rigorously enforced the nonobviousness requirement, limiting patents to those innovations representing a substantial technical advance. At the same time, once an innovation satisfied this rigorous...

Indonesia's forests have now been severely damaged. This condition is caused by various things such as illegal logging, encroachment, forest fires, and others. The root of the problem is the not yet realized good forest governance, so that it becomes a problem about how the current forest...

Ireland has been a cautious participant in the Common European Asylum System (CEAS). Each proposed CEAS instrument can be scrutinised by government, who may then decide whether to opt-in to that legal measure. To date, Ireland has opted into some asylum directives however has decided not to...

Several free trade agreements extend their dispute settlement mechanisms to environmental obligations that ‘affect trade or investment’ between contracting parties. The recently concluded Comprehensive and Progressive Agreement for Trans-Pacific Partnership (‘CPTPP’) takes such attempt...

Millions of tenants in the United States reside in substandard housing conditions ranging from toxic mold to the absence of heat, running water, or electricity. These conditions constitute blatant violations of law. The failure to maintain housing in habitable condition can violate the warranty...

How can labour standards be enforced in supermarket food supply chains? The article first asks where power lies in these chains, either to degrade or elevate labour standards. Liberal labour law supports business models in which such power is exercised without responsibility. The article...