The Economic Structure of Corporate Law

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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.

The Economic Structure of Corporate Law 1996, Harvard University Press, Cambridge

ISBN-13: 9780674235397

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The Economic Structure of Corporate Law: , 1991, Harvard University Press, Cambridge, MA

ISBN-13: 9780674235380

Hardcover

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