Fraud on the market A relational investment approach.

Research output: Contribution to journalArticlepeer-review


Compares the effects of several liability regimes on corporate governance particularly on the relational investment structure of a publicly held firm. Marginal effect of traditional common law; Marginal effect of reliance regime; Effect of liability rules on firm-investor communication; Effect of fraud on the market.
Original languageEnglish
Pages (from-to)69-85
Number of pages17
JournalInternational Review of Law and Economics
Issue number1
StatePublished - 1 Mar 2001


  • Legal liability
  • Corporate governance
  • Investor relations (Corporations)


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