Norm-based crisis and Deceitful firms

Miguel A. Duran

No 05/12, ThE Papers from Department of Economic Theory and Economic History of the University of Granada.

Abstract: The aim of this paper is to provide an explanation of recent corporate malpractices in terms of individuals’ norm-based behaviour. In particular, it suggests that corporate misbehaviour could be understood in terms of a system-wide explanation grounded in the way in which the market itself operates and the endogenous norms which regulate its operation.

Keywords: Accounting misbehaviour; Deception; Economic crisis; Invisible-hand explanation; Norm. (search for similar items in EconPapers)
JEL-codes: B3 M1 M4 (search for similar items in EconPapers)
Date: 2005-06-01

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Persistent link: http://EconPapers.repec.org/RePEc:gra:wpaper:05/12

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