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Business Organizations Law

Faculty Scholarship

2005

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Separation And The Function Of Corporation Law, Ronald J. Gilson Jan 2005

Separation And The Function Of Corporation Law, Ronald J. Gilson

Faculty Scholarship

I am delighted to participate in taking up Professor William Klein's suggestion that we could learn something by attempting a functional typology of corporation law. As a starting point, any typology must be animated by an underlying theory whose terms dictate the lines the typology draws. I want to focus my contribution at the level of the theory that might animate the architecture of this grid. To see what I mean by this, think of the Sesame Street version of Edward Levi's classic, An Introduction to Legal Reasoning. The character points at a board on which there are pictures …