A Summary of the Law Relating to Corporations PDF Download

Author: Herbert Marcus Adler
Publisher: London : W. Clowes
ISBN:
Category : Corporation law
Languages : en
Pages : 230

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Author: Wm. Dennis Huber
Publisher: Routledge
ISBN: 1000061841
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
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 prove 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.

Author: Howard Strickland Abbott
Publisher:
ISBN:
Category : Corporation law
Languages : en
Pages : 846

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Author: Herbert Marcus Adler
Publisher: Theclassics.Us
ISBN: 9781230377940
Category :
Languages : en
Pages : 46

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Book Description
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 edition. Excerpt: ... INDEX. ACCEPTANCE of charter, by whom, 36 express or implied, 35 in part, whether valid, 36 necessary, 35 of surrender of charter, 134 ACCOUNTING: FOR BENEFITS, of money borrowed ultra vires, 120 where contract of corporation void for want of teal, 08 ACQUIESCENCE. of corporation in act of agent, 131 ACT OP PARLIAMENT, corporations created by, 33, 37 seldom in former times, 37 creating corporation, model clauses for, 143-150 giving Crown power to create certain corporaticns in futuro, 38 mercantile companies now usually created directly or indirectly by, 38 private, 38 when necessarj', 37 ACTIONS, 108-110 ADMINISTRATOR, coloration cannot le, 83 ADMISSIONS, of individual member, 109 officers or agents, 109 ADVANTAGES OF INCORPORATION, 7 AGENT OF A CORPORATION, acting ultra vires is personally liable, 120 authority of, 127 corporation and, may both be bound, 128 liability of corporation for acts of, done after incorporation, where agent has authority, 130 even where there is an informality, 130 where agent has exceeded his authority, but cor-poration ratifies, 131 done before incorporation. See also Promoters. corporation not bound and cannot ratify, 128 equitable modification of the principle, 128-130 personal liability of, for a tort committed by him, 127 for breach of warranty of authority, 127 where he contracts in his own name, 127 where he assumes to contract for corporation before its existence, 128 tort by. See Tort. AIDS, TALLIAGES AND FINES exacted from unincor orated district, 14 ALIENS can be members of a trading corporation, 43, 138 AMOTION OF MEMBERS AND OFFICERS, Court may interfere where power wrongly exercised, 47 director of a trading company not an " officer " of this nature, 48 in municipal corporations not extinguished...

Author: Leslie Jay Tompkins
Publisher:
ISBN:
Category : Corporation law
Languages : en
Pages : 312

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Author: Reinier Kraakman
Publisher: OUP Oxford
ISBN: 0191582778
Category : Law
Languages : en
Pages : 578

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Book Description
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.

Author: Angela Schneeman
Publisher: Cengage Learning
ISBN: 9781133134763
Category :
Languages : en
Pages : 832

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Other Delmar publications include: Paralegals in American Law; Paralegal Careers; Paralegal Ethics; and Pocket Guide to Legal Ethics.

Author: Herbert Marcus Adler
Publisher:
ISBN:
Category :
Languages : en
Pages : 186

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Author: Oonagh E. Fitzgerald
Publisher: McGill-Queen's Press - MQUP
ISBN: 1928096948
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
The contributors to Corporate Citizen explore the legal frameworks and standards of conduct for multinational corporations. In a globalized world governed by domestic and international law, these corporations can be everywhere and nowhere at once, reaping financial benefits and enjoying the protections of investor-state arbitration but rarely being held accountable for the economic, environmental, and human rights harms they may have caused. Given the far-reaching power and success of the transnational corporation, and the many legal tools allowing these companies to avoid liability, how can governments protect their citizens? Broad-ranging in perspective, colourful and thought-provoking, the chapters in Corporate Citizen make the case that because the success of corporate global citizenship risks undermining national and international democratic governance, the multinational corporation must be more closely scrutinized and controlled – in the service of humanity and the protection of the natural environment.

Author: Frank H. Easterbrook
Publisher: Harvard University Press
ISBN: 9780674235397
Category : Business & Economics
Languages : en
Pages : 386

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Book Description
This text argues that the rules and practices of corporate law mimic contractual provisions that parties involved in corporate enterprise would reach if they always bargained at zero cost and flawlessly enforced their agreements. It states that corporate l