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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. ...
Specific Investment and Corporate Law
(European Business Organization Law Review, 2006)
At the close of the twentieth century, U.S. corporate scholarship was dominated by a
principal-agent paradigm that assumed that shareholders were the principals or sole residual claimants in public corporations, and also ...