Behavioural Risks in Corporate Governance: Regulatory Intervention as a Risk Management Mechanism

Description:

Move beyond the boardroom checklists and discover the “why” behind corporate failure. This insightful text explores the intersection of behavioral science, law, and corporate ethics. It argues that traditional regulatory frameworks often ignore the psychological and behavioral drivers of risk—such as cognitive biases and “groupthink”—and proposes a more interventionist approach to risk management.

Why This Book is Essential for Modern Governance:

• Interdisciplinary Approach: Blends corporate law with behavioral economics to provide a 360-degree view of risk.

• Critique of Compliance: Explains why “ticking the box” isn’t enough to prevent corporate scandals and how regulatory intervention can bridge the gap.

• Global Relevance: While theoretically deep, it provides frameworks applicable to international corporate governance codes (including King IV).

• Research-Driven: An excellent resource for Master’s and PhD students writing on corporate liability, ethics, or financial regulation.

Key Topics Covered:

• The nature and scope of behavioral risks in the corporate sector.

• Analysis of “Cognitive Biases” in executive decision-making.

• The role of the regulator as a proactive risk manager.

• Evaluating the effectiveness of current corporate governance regulations.

• Strategies for institutionalizing behavioral risk management.

Key Specifications:

• ISBN-13: 9781138094345

• Author: India S. J. Isokpan

• Publisher: Routledge (Research in Corporate Law series)

• Format: Physical Hardcover / Paperback