Hanjo Hamann / Publications

Publications

Selection of three academic writings, grouped by subject, sorted from newest to oldest.
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3 … Cui Bono, Benefit Corporation? An Experiment Inspired by Social Enterprise Legislation in Germany and the US
11 Review of Law & Economics 79–110 (2015), jointly with Sven Fischer / Sebastian J. Goerg … DOI: 10.1515/rle-2014-0036

2 … Unpacking the Board. A Comparative and Empirical Perspective on Groups in Corporate Decision-Making
11 Berkeley Business Law Journal 1–54 (2014) … DOI: 10.15779/Z38GC6H Collegial decision-making is relevant for a host of legal questions and in particular for corporate law. What do we know about its empirical effects? Less than we could. As of yet, pertinent review articles usually (1) assume rather than analyze how much the law actually mandates collegial decision-making, (2) rely mostly on “classical” studies of decision-making or those from behavioral economics, while underrating a century’s worth of previous empirical research, and (3) review the evidence anecdotally with little regard for the robustness of each study’s findings. As a consequence, scholars from corporate law and economics even today rely on theories and evidence which were disproved years ago. The present paper is a remedy. It combines a thorough comparative analysis of corporate statutes with a comprehensive research of empirical evidence, resulting in an assessment of the robust empirical effects of collegial decision-making. Finding that groups tend to deteriorate decision quality and exacerbate cognitive biases, this paper calls upon corporate law to design institutional remedies. Knowing more about these empirical effects will help scholars to identify and eliminate faulty arguments, and thereby improve governance policy and the legal discourse as a whole.

1 … The Importance of Intercultural Competence in the Development of Successful International Businesses
Social Science Research Network (2004/8/1) … DOI: 10.2139/ssrn.2486647