Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Company law
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The Economic Structure of Corporate Law (Paperback, Revised)
Loot Price: R1,230
Discovery Miles 12 300
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The Economic Structure of Corporate Law (Paperback, Revised)
Expected to ship within 9 - 15 working days
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The authors argue that the rules and practices of corporate law
mimic contractual provisions that parties involved in corporate
enterprise 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.
General
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