Metapolitics and Corporate Law Reform
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چکیده
منابع مشابه
Moroccan Company Law Reform and Manufacturing Firms’ Access to Bank Credit: a Before/after Panel Evaluation
In 2001, Morocco made a radical change to its company law regime: it replaced a company law dating from 19thcentury France with modern standards of corporate governance and accountability. This article analyses that reform and evaluates its impact upon manufacturing firms’ access to bank credit. Panel data from 2000 and 2004 is used to test the effect of a firm’s legal obligations upon the prov...
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Legal educators have avoided core curriculum reform despite continual calls for change. This position is untenable for most law schools given current market conditions that have resulted in a severe decline in law school enrollment. This paper argues that legal educators should use learning theory when making reform decisions. Researchers who have studied how learning occurs in traditional appr...
متن کاملEC Competition System – Proposals for Reform
At last year’s Fordham Corporate Law Institute, under the heading “The Millennium Approaches,” I spoke about the challenges that European Community (”EC” or ”Community”) competition law is facing or will face in the near future. I came to the conclusion that the time has come for a re-examination and modernization of our rules, in particular the implementing and procedural legislation. I reache...
متن کاملProfessor Bainbridge and the Arrowian Moment: A Review of The New Corporate Governance in Theory and Practice
The New Corporate Governance in Theory and Practice, a new book by Stephen Bainbridge, pulls together the leading arguments for director primacy that Bainbridge has made in a series of articles. In his core argument, Bainbridge uses theoretical work by Kenneth Arrow to explain the attractions of the separation of ownership and control with a centralized hierarchy headed by a board of directors....
متن کاملCorporate Control and Credible Commitment
The separation of control and ownership – the ability of a small group effectively to control a company though holding a minority of its cash flow rights – is common throughout the world, but also is commonly decried. The control group, it is thought, will use its position to consume excessive amounts of the firm’s returns, and this injures minority shareholders in two ways: there is less money...
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تاریخ انتشار 2013