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Stanford University - Fall 2012 | ||
Section 01 | ||
 | The Economic Structure of Corporate Law (1st Edition) by Frank H. Easterbrook, Daniel R. Fischel Paperback, 384 Pages, Published 1996 ISBN-10: 0-674-23539-8 / 0674235398 ISBN-13: 978-0-674-23539-7 / 9780674235397 The authors argue that the rules and practices of corporate law mimic contractual provisions that parties involved in corporate enterprise would reach if they bargained about every contingency at zero cost and flawlessly enforced their agreements. But bargaining and enforcement are costly, and corpo | |