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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Secondhand & Out of Print

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The Anatomy of Corporate Law: A Comparative and Functional Approach 2nd ed

ISBN13: 9780199565849
New Edition ISBN: 9780198724315
Previous Edition ISBN: 0199260648
Published: July 2009
Publisher: Oxford University Press
Country of Publication: USA
Format: Paperback
Price: £24.49
Hardback edition , ISBN13 9780199565832

In stock.

This 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-à-vis shareholders; (2) the opportunism of controlling shareholders vis-à-vis minority shareholders; and (3) the opportunism of shareholders as a class vis-à-vis other corporate constituencies, such as corporate creditors and employees.

Every jurisdiction must address these problems in a variety of contexts, framed by the corporation's 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.

New to this edition:-

  • Fully updated throughout to reflect the many changes since the previous edition
  • Two new chapters examine the highly topical issues of enforcement, and the continued convergence of corporate law

Company Law
1. What is Corporate Law? , Hansmann and Kraakman
2. Agency Problems and Legal Strategies , Hansmann and Kraakman
3. The Basic Governance Structure , Hansmann and Kraakman
4. Creditor Protection , Hertig and Kanda
5. Related Party Transactions , Hertig and Kanda
6. Significant Corporate Actions , Rock, Kanda, and Kraakman
7. Control Transactions , Davies and Hopt
8. Issuers and Investor Protection , Hertig, Kraakman and Rock
9. Enforcement , Hertig, Hansmann, Kraakman, Rock, Hopt and Kanda
10. Convergence in Corporate Law , Hertig, Hansmann, Kraakman, Rock, Hopt and Kanda
11. Beyond the Anatomy , Davies, Hertig and Hopt ;