Published online by Cambridge University Press: 06 March 2019
In 1976, MGM released Network, a satirical film about a news anchor (played by Peter Finch) so frustrated by the state of the television industry and by society in general that he couldn't stop himself from lashing out in the midst of an evening broadcast. He was “mad as hell”, and it was with this impassioned rage and his everyman sensibilities that he was determined to move the television watching nation. Nevertheless, for all his conviction, Finch's character was destined to fail. In the penultimate scene of the film, Finch is confronted by the television network's chairman of the board (played by Ned Beatty).
1 Network (MGM 1976).Google Scholar
2 Id. Google Scholar
3 Ebert, Roger, Review of Network, Chicago Sun-Times, Jan. 1, 1976, available at http://rogerebert.suntimes.com/apps/pbcs.dll/article?AID=/19760101/REVIEWS/601010305/1023.Google Scholar
4 Hardenbrook, Andrew, The Equator Principles: the Private Financial Sector's Attempt at Environmental Responsibility (2007) 40 Vand. J. Transnat'l L. 197 (2007).Google Scholar
5 Rabin, Matthew, A Perspective on Psychology and Economics (UC Berkeley Econ. Working Paper No. E02-313, 2005).Google Scholar
6 Amalric, Franck, The Equator Principles: A Step Towards Sustainability? (Center for Corporate Responsibility and Sustainability Working Paper Series, No. 01(05), 2005).Google Scholar
7 Wright, Christopher, Setting Standards for Responsible Banking: Examining the Role of the International Finance Corporation in the Emergence of the Equator Principles, in International Organizations in Global Environmental Governance (Frank Biermann, Bernd Siebenhüner & Anna Schreyögg eds., 2009), at 51.Google Scholar
8 Wotruba, Thomas, Industry Self-Regulation: A Review and Extension to a Global Setting, 16 J. of Pub. Pol'y & Marketing 38 (1997).Google Scholar
9 Amalric, , supra note 6.Google Scholar
10 Shever, Elana, Engendering the Company: Corporate Personhood and the ‘Face’ of an Oil Company in Metropolitan Buenos Aires, 33 Pol. and Legal Anthropology Rev. 26 (2010).Google Scholar
11 Hardenbrook, , supra note 4.Google Scholar
12 Aizawa, Motoko & Yang, Chaofei, Green Credit, Green Stimulus, Green Revolution? China's Mobilization of Banks for Environmental Cleanup, 19 J. of Env't & Dev. 119 (2010).Google Scholar
13 Wright, Christopher & Rwabizambuga, Alexis, Institutional Pressures, Corporate Reputation, and Voluntary Codes of Conduct: An Examination of the Equator Principles, 111 Bus. & Soc'y Rev. 89 (2006).Google Scholar
14 Eisner, Marc Allen, Corporate Environmentalism, Regulatory Reform, and Industry Self Regulation: Toward Genuine Regulatory Reinvention in the United States, 17 Governance: An Int'l J. of Pol'y, Admin., & Institutions 145 (2004).Google Scholar
15 O'Sullivan, Niamh & O'Dwyer, Brendan, Stakeholder Perspectives on a Financial Sector Legitimation Process: The Case of NGOs and the Equator Principles, 22 Acct., Auditing & Accountability J. 553 (2009).Google Scholar
16 BankTrack, Bold Steps Forward: Towards Equator Principles that Deliver to People and the Planet (2011), available at: http://www.banktrack.org/manage/ems_files/download/bold_steps_forward/100114_civil_society_call_equator_principles.pdf.Google Scholar
17 Conley, John & Williams, Cynthia, Global Banks as Global Sustainability Regulators? The Equator Principles, 33 L. & Pol'y 542 (2011).Google Scholar
18 Id. Google Scholar
19 Aizawa, & Yang, , supra note 12.Google Scholar
20 Aizawa, & Yanga, , supra note 12.Google Scholar
21 Christian Vannier, Audit Culture and Grassroots Participation in Rural Haitian Development, 33 Pol. & Legal Anthropology Rev. 282 (2010).Google Scholar
22 Conley, & Williams, , supra note 17.Google Scholar
23 Mullainathan, Sendhil & Thaler, Richard, Behavioral Economics (MIT Dept. of Econ. Working Paper No. 00-27, 2000).Google Scholar
24 Sunstein, Cass, Cost-Benefit Analysis and the Environment (U. of Chicago Law & Economics Working Paper No. 227, 2004).Google Scholar
25 Id. Google Scholar
26 Sunstein, , supra note 24.Google Scholar
27 Barberis, Nicholas & Thaler, Richard, A survey of behavioral finance, in Handbook of the Economics of Finance, 1st ed. vol. 1 (Anthony Constantinides, Rene Stulz & Milton Harris eds., 2003), at 1053.Google Scholar
28 Sunstein, Cass, Hazardous Heuristics (U. of Chicago Law & Economics Working Paper No. 165, 2002), available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=344620.Google Scholar
29 Id. Google Scholar
30 Sunstein, , Hazardous Heuristics, supra note 28.Google Scholar
31 Id. Google Scholar
32 Id. Google Scholar
33 Sunstein, Hazardous Heuristics, supra note 28.Google Scholar
34 Id. Google Scholar
35 Kahneman, Daniel & Sunstein, Cass, Indignation: Psychology, Politics, Law (U. of Chicago Law & Economics Working Paper No. 346, 2007).Google Scholar
36 Id.Google Scholar
37 Kahneman, & Sunstein, , supra note 35.Google Scholar
38 Kahneman, & Sunstein, , supra note 35.Google Scholar
39 Barberis, & Thaler, , supra note 27.Google Scholar
40 Id. Google Scholar
41 Rabin, , supra note 5.Google Scholar
42 Tversky, Amos & Kahneman, Daniel, Prospect Theory: An Analysis of Decision under Risk (Levine's Working Paper Archive 7656, 1979).Google Scholar
43 Barberis, & Thaler, , supra note 27.Google Scholar
44 Id.Google Scholar
45 Id. Google Scholar
46 Shamir, Ronen, Corporate Social Responsibility: Towards a New Market-Embedded Morality?, 9.2 Theoretical Inquiries in L. 371 (2008).Google Scholar
47 Id.Google Scholar
48 Id.Google Scholar
49 Shamir, , supra note 46.Google Scholar
50 Id. Google Scholar
51 Fehr, Ernst & Schmidt, Klaus, A Theory Of Fairness, Competition, And Cooperation, 114(3) The Q. J. of Econ. 817 (1999).Google Scholar
52 Id. Google Scholar
53 Rabin, , supra note 5.Google Scholar
54 Fehr, & Schmidt, , supra note 49.Google Scholar
55 Id. Google Scholar
56 Fehr, & Schmidt, , supra note 49.Google Scholar