Law and Economics as an Approach to Corporate Law Research? A Commentary
Canberra Law Review, Vol. 3, No. 1, 1996
6 Pages Posted: 27 Oct 2007
Abstract
This brief commentary was presented as part of a round table panel discussion on corporate law research methods and theory. The author outlines a theoretical shift in law and economics as it applies to corporate law. The theoretical shift is from the Berle and Means analysis of the corporation to the agency theory of the corporation. Second, the author applies some of the perspectives arising from agency theory to two current issues. These issues are share buy-backs and the judgment of Justice Hodgson in Standard Chartered Bank of Australia v Antico handed down in August 1995.
Suggested Citation: Suggested Citation
Ramsay, Ian, Law and Economics as an Approach to Corporate Law Research? A Commentary. Canberra Law Review, Vol. 3, No. 1, 1996, Available at SSRN: https://ssrn.com/abstract=1024904
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