9780674235397-0674235398-The Economic Structure of Corporate Law

The Economic Structure of Corporate Law

ISBN-13: 9780674235397
ISBN-10: 0674235398
Edition: First Edition
Author: Easterbrook, Frank H., Fischel, Daniel R.
Publication date: 1996
Publisher: Harvard University Press
Format: Paperback 384 pages
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Book details

ISBN-13: 9780674235397
ISBN-10: 0674235398
Edition: First Edition
Author: Easterbrook, Frank H., Fischel, Daniel R.
Publication date: 1996
Publisher: Harvard University Press
Format: Paperback 384 pages

Summary

Acknowledged authors Easterbrook, Frank H., Fischel, Daniel R. wrote The Economic Structure of Corporate Law comprising 384 pages back in 1996. Textbook and eTextbook are published under ISBN 0674235398 and 9780674235397. Since then The Economic Structure of Corporate Law textbook was available to sell back to BooksRun online for the top buyback price of $ 12.26 or rent at the marketplace.

Description

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 function of corporate law and the implications of this perspective.

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