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, an
EASTERBROOK, FRANK H.,FISCHEL, DANIEL R.
Economic Structure of Corporate Law
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, an
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9780674235397Mladinska knjiga ID
9780674235397Leto izida
1996Datum izida
01.02.1996Število strani
384Status dobavljivosti
7-10 delovnih dniZaložnik
Harvard University PressAvtor
Easterbrook, Frank H.,Fischel, Daniel R.Dimenzije
159 x 235 x 29BIC
1KBB,KFFH,LNCB,LNCDOpis
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.Pogosto kupljeno skupaj
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