{"product_id":"the-anatomy-of-corporate-law-a-comparative-and-functional-approach-9780199565849","title":"The Anatomy of Corporate Law: A Comparative and Functional Approach","description":"\u003cp\u003eThis is the long-awaited second edition of this highly regarded comparative overview of corporate law. This edition has been comprehensively updated to reflect profound changes in corporate law. It now includes consideration of additional matters such as the highly topical issue of enforcement in corporate law  and explores the continued convergence of corporate law across jurisdictions.  The authors start from the premise that corporate (or company) law across jurisdictions addresses the same three basic agency problems: (1) the opportunism of managers vis--vis shareholders; (2) the opportunism of controlling shareholders vis--vis minority shareholders; and (3) the opportunism of shareholders as a class vis--vis other corporate constituencies  such as corporate creditors and employees. Every jurisdiction must address these problems in a variety of contexts  framed by the corporations internal dynamics and its interactions with the product  labor  capital  and takeover markets. The authors central claim  however  is that corporate (or company) forms are fundamentally similar and that  to a surprising degree  jurisdictions pick from among the same handful of legal strategies to address the three basic agency issues.  This book explains in detail how and why the principal European jurisdictions  Japan  and the United States sometimes select identical legal strategies to address a given corporate law problem  and sometimes make divergent choices. After an introductory discussion of agency issues and legal strategies  the book addresses the basic governance structure of the corporation  including the powers of the board of directors and the shareholders meeting. It proceeds to creditor protection measures  related-party transactions  and fundamental corporate actions such as mergers and charter amendments. Finally  it concludes with an examination of friendly acquisitions  hostile takeovers  and the regulation of the capital markets.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":45650397528117,"sku":"ByrdShop_0199565848","price":99.7,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780199565849.jpg?v=1781795497","url":"https:\/\/atxbooks.com\/products\/the-anatomy-of-corporate-law-a-comparative-and-functional-approach-9780199565849","provider":"ATX Books","version":"1.0","type":"link"}