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Team Production in Business Organizations: An Introduction
(Journal of Corporation Law, 1999)
For the past two decades, legal and economic scholarship has tended to assume that the central economic problem addressed by corporation law is getting managers and directors to act as faithful agents for shareholders. ...
Ownership and control : rethinking corporate governance for the twenty-first century
(Brookings Institution, 1995)
A Contractarian Defense of Corporate Philanthropy
(Stetson Law Review, 1998)
Statutory and case law make it clear that corporate officers and directors have very wide discretion to direct reasonable amounts of corporate resources toward artistic, educational, and humanitarian causes, even if those ...
A Team Production Theory of Corporate Law
(Virginia Law Review, 1999)
Contemporary corporate scholarship generally assumes that the central economic problem addressed by corporation law is getting managers and directors to act as loyal agents for shareholders. We take issue with this approach ...