The economic structure of corporate law

Bibliographic Information

The economic structure of corporate law

Frank H. Easterbrook, Daniel R. Fischel

Harvard University Press, 1996

  • : pbk

Available at  / 38 libraries

Search this Book/Journal

Note

"First Harvard University Press paperback edition, 1996" -- T.p. verso

Includes bibliographical references and indexes

Description and Table of Contents

Description

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.

Table of Contents

* The Corporate Contract * Limited Liability * Voting * The Fiduciary Principle, the Business Judgment Rule, and the Derivative Suit * Corporate Control Transactions * The Appraisal Remedy * Tender Offers * The Incorporation Debate and State Antitakeover Statutes * Close Corporations * Trading on Inside Information * Mandatory Disclosure * Optimal Damages * Acknowledgments * Case Index * Author Index * General Index

by "Nielsen BookData"

Details

Page Top