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The economic structure of corporate law

Name: The economic structure of corporate law
Author: Frank H. Easterbrook

Frank H. Easterbrook

01 April 1996

Paperback

€54.19

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Book Synopsis

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 The Author

Frank H. Easterbrook is a judge of the U.S. Court of Appeals for the Seventh Circuit.

Product Details

ISBN: 9780674235397
Format: Paperback
Publisher: Harvard University Press, (01 April 1996)
Number of Pages: 370
Weight: 626 grams
Language: English
Dimensions: 234.95 x 155.57 x 29 mm
Categories:: Jurisprudence and general issues