The Economic Structure of Corporate Law

Name: The Economic Structure of Corporate Law
Author: Frank H. Easterbrook

Specificaties

Paperback, 384 blz. | EN

Harvard University Press | e druk, 1996

ISBN13: 9780674235397

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Juridisch :

Harvard University Press e druk, 1996 9780674235397

€ 60,72

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Samenvatting

The authors argue that corporate law’s rules and practices 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 necessary rules and an invaluable enforcement mechanism.