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The Economic Structure of Corporate Law

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Management number 232027990 Release Date 2026/06/18 List Price US$16.90 Model Number 232027990
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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. Read more

ISBN10 0674235398
ISBN13 978-0674235397
Edition First Edition
Language English
Publisher Harvard University Press
Dimensions 6.14 x 0.96 x 9.25 inches
Item Weight 1.1 pounds
Print length 382 pages
Publication date February 1, 1996

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