Economic Structure of Corporate Law

Discover the profound insights of Frank Easterbrook in his influential work, Economic Structure of Corporate Law, published by Harvard University Press in 1996. This comprehensive 384-page paperback delves into the intricate relationship between corporate law and economic principles, arguing that the rules and practices of corporate law reflect the contractual agreements parties would ideally create if bargaining were costless and enforcement flawless. However, recognizing the realities of costly negotiations and enforcement, Easterbrook illustrates how corporate law establishes essential rules and serves as a vital enforcement mechanism. This book is a must-read for students and professionals in business law, corporate finance, and regulatory practices, providing a foundational understanding of the legal structures that underpin corporate governance in the United States. Enhance your legal knowledge with this essential reference that bridges the gap between law and economics.