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Economic Structure of Corporate Law

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

Frank H. Easterbrook, Daniel R. Fischel

Harvard University Press

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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.

Výběr knih vydavatele Harvard University Press