Ambiguity in corporation law

Article Abstract:

Many corporate law ambiguities are the result of the inherent tension between allowing corporate managers broad discretion for the purpose of long-term wealth maximization and curtailing that power to protect shareholder rights. The corporate form is socially beneficial because of its unique ability to balance risk and wealth maximization. The inherent tension creates a need for creativity and for technical ability in those who adjudicate issues of corporate law.

Other Justice, Public Order, and Safety Activities, Business Law NEC, Analysis, Interpretation and construction, Commercial law, Ambiguity

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Corporate law in the twenty-first century: the practitioners' prognosis

Article Abstract:

The authors examine possible futures for the practice of corporate law in the 21st century.

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The pride and the hope of Delaware corporate law

Article Abstract:

The author discusses the reasons for the success of Delaware's corporate law.

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