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The proprietary foundations of corporate law

Abstract:

Recent work in both the theory of the firm and of corporate law has called into question the appropriateness of analysing corporate law as 'merely' a set of standard form contracts. This article develops these ideas by focusing on property law' s role in underpinning corporate enterprise. Rights to control assets are a significant mechanism of governance in the firm. However, their use in this way predicates some arrangement for stipulating which parties will have control under which circumst...

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Publisher copy:
10.1093/ojls/gqm009

Authors


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Institution:
University of Oxford
Department:
Oxford, SSD, Law, Law Faculty, Law and Finance
Role:
Author
Journal:
Oxford Journal of Legal Studies
Volume:
27
Issue:
3
Pages:
429-465
Publication date:
2007-09-05
DOI:
EISSN:
1464-3820
ISSN:
0143-6503
URN:
uuid:c21a12a9-2e9b-4321-a75c-6204b5b817ff
Source identifiers:
479075
Local pid:
pubs:479075
Language:
English

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