Frontmatter -- Contents -- Preface -- Introduction -- PART I A Theory of Enterprise Ownership -- 1 An Analytic Framework -- 2 The Costs of Contracting -- 3 The Costs of Ownership -- PART II Producer-Owned Enterprise -- 4 Investor-Owned Firms -- 5 The Benefits and Costs of Employee Ownership -- 6...

Intro -- Contents -- Preface -- Introduction -- Part I: A Theory of Enterprise Ownership -- 1. An Analytic Framework -- 2. The Costs of Contracting -- 3. The Costs of Ownership -- Part II: Producer-Owned Enterprise -- 4. Investor-Owned Firms -- 5. The Benefits and Costs of Employee Ownership --...

Publicly traded corporations rarely use the nearly absolute freedom afforded them to draft charters that deviate from the default terms of state corporation law. Conventional explanations for this phenomenon are unconvincing. A more plausible reason lies in the lack of any feasible amendment...

Publicly traded corporations rarely use the nearly absolute freedom afforded them to draft charters that deviate from the default terms of state corporation law. Conventional explanations for this phenomenon are unconvincing. A more promising explanation lies in the lack of any feasible...