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Full-Text Articles in Law
Law And Economics: We Bought It, It Was Broken, It Was Dangerous, And We Paid For It, Kent Greenfield
Law And Economics: We Bought It, It Was Broken, It Was Dangerous, And We Paid For It, Kent Greenfield
Kent Greenfield
Law and economics is simplistic and dangerous, as applied to corporate law.
End Delaware’S Corporate Dominance, Kent Greenfield
End Delaware’S Corporate Dominance, Kent Greenfield
Kent Greenfield
Delaware provides corporate foundational papers to all comers, and earns as much as a quarter of its state budget from the ensuing fees. Though Delaware has a population of less than one-third of 1 percent of the nation, more than half of Fortune 500 businesses claim a filing cabinet in Wilmington as home. Scholars disagree on whether the state’s rules provide more protection for shareholders or managers. But one thing is absolutely clear: Delaware corporate law cares not at all about employees, communities, customers, or other stakeholders, except insofar as shareholders also gain.