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The Economic Structure of Corporate Law
Harvard University Press, 1991 Cloth: 978-0-674-23538-0 | eISBN: 978-0-674-25385-8 | Paper: 978-0-674-23539-7 Library of Congress Classification KF1416.E27 1991 Dewey Decimal Classification 346.73066
ABOUT THIS BOOK | REVIEWS
ABOUT THIS BOOK
The authors argue that the rules and practices of corporate law mimic contractual provisions that parties would reach if they bargained about every contingency at zero cost and flawlessly enforced their agreements. But bargaining and enforcement are costly, and corporate law provides the rules and an enforcement mechanism that govern relations among those who commit their capital to such ventures. The authors work out the reasons for supposing that this is the exclusive function of corporate law and the implications of this perspective. See other books on: Corporate Law | Corporation law | Economic aspects | Economic Structure | Law See other titles from Harvard University Press |
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Nearby on shelf for Law of the United States / Federal law. Common and collective state law. Individual states:
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The Economic Structure of Corporate Law
ABOUT THIS BOOK | REVIEWS
Harvard University Press, 1991
Cloth: 978-0-674-23538-0
eISBN: 978-0-674-25385-8
Paper: 978-0-674-23539-7
Cloth: 978-0-674-23538-0
eISBN: 978-0-674-25385-8
Paper: 978-0-674-23539-7
The authors argue that the rules and practices of corporate law mimic contractual provisions that parties would reach if they bargained about every contingency at zero cost and flawlessly enforced their agreements. But bargaining and enforcement are costly, and corporate law provides the rules and an enforcement mechanism that govern relations among those who commit their capital to such ventures. The authors work out the reasons for supposing that this is the exclusive function of corporate law and the implications of this perspective.
ABOUT THIS BOOK | REVIEWS
