Rewiring corporate law for an interconnected world

The traditional focus of corporate law is on aligning managers’ preferences to the interests of shareholders. This view is premised on two assumptions that are no longer true: first, the idea that all shareholders want to maximize the net present value of the firm’s earnings per dollar invested; and...

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Bibliographic Details
Main Authors: Enriques, L, Romano, A
Format: Journal article
Language:English
Published: University of Arizona 2022