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Corporate law and labor law have traditionally been segregated fields, yet recent developments in corporate governance have brought these two areas of law closer together. There has been an international trend toward decentralization of collective bargaining power in recent years. Mirroring this...
Persistent link: https://www.econbiz.de/10014058334
This paper questions the extent to which a model of the corporation based upon pre-eminence of shareholder interests is justified. First, it considers the extent to which such a model accurately reflects commercial reality, through an examination of some contemporary trends in corporate finance...
Persistent link: https://www.econbiz.de/10014027278
Legal scholars have long discussed the gap, or “acoustic separation”, between stringent standards of conduct (“conduct rules”) and more lenient standards of review (“decision rules”) in legal regulation. This gap has been particularly stark in the United States in relation to...
Persistent link: https://www.econbiz.de/10012857080