Mark J. Roe A strong theory has emerged in recent years that the quality of corporate lane primaritly determines whether securities markets arise, whetl from control, and whether the modern corporation can prosper. nwehy we see weak corporate structures in to explain why concentrated ownershippe
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Despite the apparent divergence in institutions of govenance, share ownership, capital markets, and business culture across developed economies, the basic law of the corporate form has already achieved a high degree of uniformity and continued convergence is likely. A principal reason for convergence is a widespread normative consensus that corporate managers should act exclusively in the economic interests of
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Forthcoming in 2 STAN AGORA(2000). As David Millon so ably demonstrates, metaphor drives much of the debate within corporate law jurisprudence and corporate law scholarship. It has done so for decades, even centuries. Scholars have used metaphors-corporation as person, corporation as creature of the state, corporation as property, corporation as contract
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Discussions of corporate governance reform often combine prescriptions for legal reform with prescriptions for better governance practices. Both sets of prescriptions-for better law and for better practices-typically focus on the board of directors, and particularly outside or \independent\directors. The assumption is that the law can affect the governance behavior of the board by establishing roles for outside directors and by
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1.Introduction moManaging information systems today comprises the areas of application development, primarily process ng and data modeling, as well as system introduction training, maintenance, and the task of coping with innovation, meaning the responsibility of keeping the technological basis up to date Developing and running specialised systems, general information information systems and open and integrated
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Tort Law for Federalists(and the Rest of Us) Private law in disguise John C P Gold Vanderbilt law school (Forthcoming, 28 Harv. J. L& Pub. Policy_(2004)) Abstract This essay argues in favor of understanding tort law as a law of private redress, rather than public regulatory law. Part I uses the U. S. Supreme Court's 2003 decision on punitive damages in State Farm Mut. Ins CO. l: Campbell to demonstrate some of the with formalist reasoning, an elevation of common law over statute, or political conservatism
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What is the common structure of the law of business corporations-or, as it would be put in the UK, company lawacross— national jurisdictions Although this question is rarely asked by corporate law scholars, it is critically important for the comparative investigation of corporate law. Recent scholar- e cor ship emphasizes the divergence among European, American, and Japanese cor- porations in corporate governance, share ownership, capital markets, and business culture. But, notwithstanding the very real differences across jurisdic- tions along these dimensions
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Georgetown University Law Center 2000 Working Paper Series In Business, Economics and regulatory policy d Public Law and Legal Theory Working Paper No. 249030 Criminal Law in Cyberspace
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I. Introduction II. Classification of Common Law and Civil Law Systems III. The Pros and Cons of Convergence IV. The Effects of Convergence
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《中国经济法理论与实务》是适应中国高级律师、高级公 证员培训中心教学工作需要而编撰的培训教材之一。 培训中心是司法部为我国律师、公证系统培养高层次专 门人才的重要基地。其主要任务是,通过培训,把律师、公 证员培养成为具有较高政治理论水平和扎实法律专业知识, 较强的从事律师、公证工作的本领,以适应改革开放形势发 展需要的高级后备人才
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