Corporate Paradox

Name: Corporate Paradox
Brand: Springer-Verlag New York Inc.
SKU: 9781461370888
Price: 855.32 PLN
Availability: InStock

Economic Realities of the Corporate Form of Organization

Autor: Wouter H.F.M. Cortenraad

Język:

Oprawa: Miękka

Wydawca: Springer-Verlag New York Inc.

Dostępność: Dostępna u dostawcy

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The `corporation' is by far the most successful legal concept of organization among large business f...

Informacje o książce

Autor

Wouter H.F.M. Cortenraad

Język

Angielski

Oprawa

Książka - Miękka

Data wydania

2012

strony

402

EAN

9781461370888

ISBN

9781461370888

Enbook ID

06615969

Wydawca

Springer-Verlag New York Inc.

Waga

668

Wymiary

160 x 240 x 23

Pełny opis

The `corporation' is by far the most successful legal concept of organization among large business firms. Yet there are numerous examples of firms operated in corporate form that were troubled either by internal problems arising from divergences of interests between the firm's various constituents (notably, managers and investors), or by conflicts with other members of society (including both victims of accidents or environmental pollution caused by the firm and unpaid creditors in the event of business failure). It is this paradox between the corporation's prima facie success and its apparent ambiguity in other respects that is examined in this book. §Using modern economic theory concerning the functioning of markets and organizations, The Corporate Paradox examines how the concept of the corporation relates to the economic entity it organizes and in effect, how it may affect the use that firms make of society's valuable but scarce resources. To this end, both the economic rationales underlying the corporate form of organization and its effects on organizational and individual behavior are reviewed, with special emphasis on the separation between `ownership' and `control' and the principle of limited liability of shareholders, two features which are typical of the corporate concept. Finally, this book surveys, from a predominantly economic perspective, legal remedies that United States and Dutch law have developed in response to certain inefficiencies to which these features may give rise.

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Corporate Paradox

Economic Realities of the Corporate Form of Organization

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