Professor Stephen Waddams'new book emphasizes the many dimensions of private law and seeks to prove the inadequacy of simple explanations or categorizations of this law. Waddams distrusts the divisions between public and private law, between property and obligations, and within obligations
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Corporate law is a field that underwent as thorough a revolution in the 1980s as can be imagined, in scholarship and practice, methodological and organizational, in which finance and the economic theory of the firm were used to inform the field. The timing of this revolution was not a fortuitous occurrence: it followed a revolution in corporate finance and
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In recent years, there has been surge in academic interest in the \ownership\ of corporations, and in the links between ownership and performance The interest in this issue is driven by rapid changes going on in international capital markets, as well as in the corporate sector in many countries
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CPIME on the Prevention of crim Original: english and the Treatment of offenders Vienna, 10-17 April 2000 Item 6 of the provisional agenda Offenders and victims: accountability and fairness in the justice process Women in the criminal justice system Background paper for the workshop on women in the criminal justice system
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l. Policing and pr ocedure 2. Defining Crimes and Sent 3. Spending C. Executive branch politics and the
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corporation with its key attributes of independent personality, limited liability and free o n most countries large business enterprises today are organized as corporations. Th tradeability of shares has played a key role in most developed market economies since the
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This paper can be downloaded without charge from the Social Science Research Network electronic library at: http: //papers.ssrn. com/paper. taf?abstract id=10037 Bernard Black Reinier Kraakman' In this Article, Professors Black and Kraakman develop a \self-enforcing\ approach
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This paper develops a model of the competition among states in providing corporate law rules. The analysis provides a full characterization of the equilibrium in this market Competition among states is shown to produce optimal rules with respect to issues that do not have a substantial effect on managers private benefits
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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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