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Team Production in Business Organizations: An Introduction
(Journal of Corporation Law, 1999)
For the past two decades, legal and economic scholarship has tended to assume that the central economic problem addressed by corporation law is getting managers and directors to act as faithful agents for shareholders. ...
A Team Production Theory of Corporate Law
(Virginia Law Review, 1999)
Contemporary corporate scholarship generally assumes that the central economic problem addressed by corporation law is getting managers and directors to act as loyal agents for shareholders. We take issue with this approach ...