Wednesday, January 23, 2019
When the law treats corporations as though they know things, it affects how they manage information. While there is an optimal level for each corporation to invest in information management, that level varies with idiosyncratic characteristics of the corporation and information. As a consequence, present doctrines for attributing knowledge to corporations--which apply in the same way to all corporations--must routinely over- or under-incentivize corporations to build compliance-focused information systems. This short paper discusses this inefficiency in more detail and gestures toward a more flexible and efficient knowledge doctrine.
https://lawprofessors.typepad.com/crimprof_blog/2019/01/diamantis-on-corporate-knowledge.html
Diamantis on Corporate Knowledge curated from CrimProf Blog
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