The State Competition Debate in Corporate Law
نویسنده
چکیده
منابع مشابه
Irrelevant for Corporate Governance ? Is Regulatory Competition a Problem or ECGI
This article provides an analysis of why regulatory competition in corporate law has operated, for the most part, successfully in the United States, and critiques the position of commentators who are skeptical of the significance and extent of state competition. The article begins by setting out the context in which regulatory competition has been most recently criticized, the U.S. Congress’s r...
متن کاملGetting Stuck Between Bottom and Top: State Competition for Corporate Charters in the Presence of Network Effects
For decades, American legal scholars have debated over the implications of allowing corporations to choose in which state they will incorporate, irrespective of where they do business. Until recently the debate has centered almost exclusively on whether the managers who choose where to incorporate have incentive to choose a state whose laws favor managers to the disadvantage of shareholders (th...
متن کاملThe relationship between competition law and capital market in Iran
stock market is run by special regulations. accordingly, analyzing the issues about the relation between the competition law and capital market such as stock market officials and their boundaries in the context of setting, controlling and enforcing rules, the generality or specificity of such rules, the controllability of stock market in comparison to the general competition rules and the stat...
متن کاملPublic vs . Private Ownership : The current state of the Debate
The Current State of the Debate privatization of infrastructure in many developing countries has spawned new critiques of Mary Shirley privatization. How do theory Patrick Walsh and empirical evidence answer the much-debated questions, Which is more important to performance, competition or private ownership? Are state enterprises more subject to welfare-reducing interventions by government than...
متن کاملResponse Two Visions of Corporate Law
What explains the persistence of certain debates in corporate law? Many fundamental questions remain unresolved despite dozens of years of research, countless conferences, and innumerable studies, both theoretical and, more recently, empirical. This is puzzling because one would expect time and evidence to move us toward a resolution of debates about what is the most efficient way of doing some...
متن کامل