Economics of corporation law and securities regulation / [edited by] Richard A. Posner, Kenneth E. Scott
Imprint
Boston : Little, Brown, c1980
Descript
x, 384 p. : ill. ; 23 cm
CONTENT
The Economic function of the modern corporation: The Theory of the firm -- The Economics of the corporate firm -- The Corporation's social responsibility -- Limitations on managerial discretion: protection of shareholders: Fiduciary law and "competition in laxity" -- Insider trading -- Modern finance theory and the efficient market hypothesis -- Acquisitions and the market for corporate control -- The Position of creditors: Capital structure -- Dividend policy -- Federal securities regulation : protection of new investors: The Economic basic for disclosure requirements -- Assessments of the SEC's performance
SUBJECT
Corporation law -- United States
Securities -- United States
Corporation law -- Economic aspects -- United States