Droit et gouvernance:l'apport du courant comportemental

Abstract : Under the dominant approach to corporate governance, the role of law is to help reduce the impact of conflicts of interest and intentional strategic behavior of the different actors, including managers. The managers' decisions that are detrimental to shareholders and other stakeholders do not all have their origin in an intentional behavior. Some of them result of misjudgment, cognitive and behavioral biases. Based on Behavioral Law and Economics, which has expanded greatly in the United States, the objective of the paper is to show that the role of law within the corporate governance system is also to contribute to "debias" managerial decisions or correct any adverse effects of these biases.
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Contributor : Gérard Charreaux <>
Submitted on : Tuesday, May 25, 2010 - 7:02:37 PM
Last modification on : Friday, June 8, 2018 - 2:50:08 PM


  • HAL Id : hal-00486485, version 1



Gérard Charreaux. Droit et gouvernance:l'apport du courant comportemental. Véronique Magnier. La gouvernance des sociétés cotées face à la crise, Lextenso Editions, pp.223-246, 2010. ⟨hal-00486485⟩



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