(Read now) The Economic Structure of Corporate Law
☆ Frank Easterbrook, Daniel R. Fischel ☆
| #759697 in Books | Harvard University Press | 1996-02-01 | 1996-02-26 | Original language:English | PDF # 1 | .88 x6.06 x9.11l,1.16 | File Name: 0674235398 | 384 pages |
||0 of 0 people found the following review helpful.| Tremendous Achievement|By Jim|Legends in their own right, Judge Easterbrook and Prof. Fischel combine their powers here and have produced a work that is both deeply analytical as well as exceedingly readable. Explaining the basis for each of the major pillars of corporate law, this book connects the economic justification for the rules corporations and their managers must liv||Truly first-rate...Arguably the most important--and most readable--corporate law book ever. A classic...Certain to change the way corporate law is taught, understood, and possibly even made. (Robert M. Daines and Jon Hanson Yale Law Journal)
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...
[PDF.pd03] The Economic Structure of Corporate Law Rating: 4.68 (484 Votes)
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