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Legal Self-efficacy and Managers’ Use of Law
Stockholm University, Faculty of Social Sciences, School of Business.ORCID iD: 0000-0002-7908-3958
2009 (English)In: ARSP. Archiv für Rechts- und Socialphilosophie, ISSN 0001-2343, Vol. 95, no 1, 79-101 p.Article in journal (Refereed) Published
Abstract [en]

This study demonstrates that legal effectiveness may depend on how an individual perceives him/herself as a competent user of law. The hypotheses tested in this study are that the self-perceptions of people may be more important for legal effectiveness than are the objective factors such as law enforcement agencies and the effectiveness of commercial legislation. The effectiveness concept was tested on survey data collected from 246 managers in northwest Russia. The result is that the subjective self-perceptions are a stronger determinant of the use of law than is the perceived institutional efficiency. Persons were to a lesser degree adopting law as an instrument conditioned on their calculation of the efficiency of courts and other institutions, but to a greater degree adopting law as a form of communication conditioned on their feeling of assuredness about their ability to communicate with legal terminology. Therefore there is a latent potential for improvement of legal effectiveness in the enhancement of how individuals perceive themselves as knowledgeable users of law.

Place, publisher, year, edition, pages
Franz Steiner Verlag, 2009. Vol. 95, no 1, 79-101 p.
Keyword [en]
Legal efficacy, legal transplants, self-efficacy, legal self-efficacy self-concept, sanctions, transition economy, Russia
Keyword [sv]
rättssjälvtillit, rättstransplantation, självtillit, self-efficacy, sanktioner, transitionsekonomi
National Category
Economics and Business
Research subject
Business Administration; Private Law
URN: urn:nbn:se:su:diva-98053OAI: diva2:682265
The Foundation for Baltic and East European Studies
Available from: 2013-12-26 Created: 2013-12-26 Last updated: 2014-01-10Bibliographically approved
In thesis
1. The Law BusinessmanTM: Five Essays on Legal Self-efficacy and Business Risk
Open this publication in new window or tab >>The Law BusinessmanTM: Five Essays on Legal Self-efficacy and Business Risk
2013 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

The thesis challenges the notion of effectiveness of law as being based on the formal institutions of courts, law enforcement and written law. It argues that the best way to measure the effectiveness of law is the legal self-efficacy of laymen who are the end users of law.  It presents a new perspective on the effectiveness of law. It turns the traditional perspective of studying the effects of legal institutions around and instead studies the effect of how individuals perceive their own ability to use law. This self-reflexive ability - legal self-efficacy -  is the answer to the question “How comfortable are with communicating with legal terminology?”. The thesis makes several comparisons using the traditional perspective and legal self-efficacy and finds that legal self-efficacy is a better measure of legal effectiveness.

This thesis analyzes 246 businesspeople in Russia and their risk behavior  with regards to economic transactions in relation to legal self-efficacy.  The theory behind legal self-efficacy is a combination of Luhmann’s theory of law as communication and Bandura’s concept of self-efficacy.  The first paper applies the traditional approach. It analyzes the effect of legal efficiency on leverage and debt maturity for listed and non-listed companies. The second paper is describes the conceptual foundation of the legal effectiveness based on the individual. The third paper compares the effect of private order (including legal self-efficacy) and public order institutions on the granting of trade credit.  The fourth paper analyzes the impact of legal self-efficacy and formal legal institutions on sanctions against clients in a comparative perspective. The final paper seeks out possible sources of legal self-efficacy.

Legal self-efficacy can be used to better understand the interaction of individuals and law including such fields of research as behavioral accounting, behavioral law and finance, legal sociology and legal studies. 

Place, publisher, year, edition, pages
Stockholm: School of Business, Stockholm University, 2013. 88 p.
legal self-efficacy, legal effectiveness, legal terminology, trade credit, institutional effectiveness, mechanisms of risk reduction, public order, private order, legal family, leverage, long term debt, legal efficiency, trade sanctions, debt maturity, creditor rights, corporate governance, Luhmann, Russia, Central and Eastern Europe, legal sociology, law and finance, law and economics, legal studies, legal consciousness, self-efficacy, rättssjälvtillit, rättseffektivitet, kreditrisk, handelskredit, sanktioner, institutionell effektivitet, redovisningssjälvtillit, riskreduceringsmekanismer offentliga och privata, rättsfamilj, handelssanktioner, långsiktiga skulder, kortsiktiga skulder, borgenärsrättitgheter, handelssanktioner, corporate governance, Luhmann, Ryssland, Central och Östeuropa, rättssociologi, rätt och finans, rättsekonomi, juridik, rättsmedvetandet, självtillit
National Category
Business Administration
Research subject
Business Administration
urn:nbn:se:su:diva-97625 (URN)978-91-7447-812-9 (ISBN)
Public defence
2014-01-24, Gröjersalen, hus 3, Kräftriket, Roslagsvägen 101, Stockholm, 13:00 (Swedish)
Available from: 2014-01-02 Created: 2013-12-16 Last updated: 2014-01-14Bibliographically approved

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