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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law > Banking law
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Economic Transplants - On Lawmaking for Corporations and Capital Markets (Hardcover)
Loot Price: R3,063
Discovery Miles 30 630
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Economic Transplants - On Lawmaking for Corporations and Capital Markets (Hardcover)
Series: International Corporate Law and Financial Market Regulation
Expected to ship within 10 - 15 working days
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Why and in what ways have lawyers been importing economic theories
into a legal environment, and how has this shaped scholarly
research, judicial and legislative work? Since the financial
crisis, corporate or capital markets law has been the focus of
attention by academia and media. Formal modelling has been used to
describe how capital markets work and, later, has been criticised
for its abstract assumptions. Empirical legal studies and
regulatory impact assessments offered different ways forward. This
book presents a new approach to the risks and benefits of
interdisciplinary policy work. The benefits economic theory brings
for reliable and tested lawmaking are contrasted with important
challenges including the significant differences of research
methodology, leading to misunderstandings and problems of efficient
implementation of economic theory's findings into the legal world.
Katja Langenbucher's innovative research scrutinises the potential
of economic theory to European legislators faced with a lack of
democratic accountability.
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