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- 000 02560nam a2200301 i 4500
- 008 191231r20212020enk b 001 0 eng d
- 020 __ |a 9781032236575 |q paperback
- 040 __ |a CEPC1 |b eng |e rda |c CEPC1
- 050 00 |a KF1414 |b .H83 2020
- 082 00 |a 346.73/066 |2 23
- 100 1_ |a Huber, Wm. Dennis |q (William Dennis), |d 1951- |e author.
- 245 10 |a Corporate law and the theory of the firm : |b reconstructing corporations, shareholders, directors, owners, and investors / |c Wm. Dennis Huber.
- 260 __ |a Abingdon, Oxon ; |a New York, NY : |b Routledge, |c 2021.
- 300 __ |a xxiv, 189 pages ; |c 24 cm.
- 336 __ |a text |b txt |2 rdacontent
- 337 __ |a unmediated |b n |2 rdamedia
- 338 __ |a volume |b nc |2 rdacarrier
- 490 0_ |a Routledge studies in the economics of legal relationships
- 500 __ |a Originally published: 2020.
- 504 __ |a Includes bibliographical references and index.
- 520 __ |a "Dozens of judicial opinions have held that shareholders own corporations, that directors are agents of shareholders, and even that directors are trustees of shareholders' property. Yet, until now, it has never been proven. These doctrines rest on unsubstantiated assumptions. In this book the author performs a rigorous, systematic analysis of common law, contract law, property law, agency law, partnership law, trust law, and corporate statutory law using judicial rulings that proves shareholders do not own corporations, that there is no separation of ownership and control, directors are not agents of shareholders, and shareholders are not investors in corporations. Furthermore, the author proves the theory of the firm, which is founded on the separation of ownership and control and directors as agents of shareholders, promotes an agenda that wilfully ignores fundamental property law and agency law. However, since shareholders do not own the corporation, and directors are not agents of shareholders, the theory of the firm collapses. The book corrects decades of confusion and misguided research in corporate law and the economic theory of the firm and will allow readers to understand how property law, agency law, and economics contradict each other when applied to corporate law. It will appeal to researchers and upper level and graduate students in economics, finance, accounting, law, and sociology, as well as attorneys and, accountants"-- |c Provided by publisher.
- 650 _0 |a Corporation law |z United States.