The Economic Structure of Corporate Law

Daniel R. Fischel, Frank H. Easterbrook

Harvard University Press, 1996

64,75 €On orderDelivery: 2-3 weeks

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.

ISBN-13
9780674235397
ISBN-10
0674235398
Publisher
Harvard University Press
Year
1996
Publication date
1996-02-01
Pages
384
Dimensions
159x235x29
Weight
598