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

See all articles by Ian Ramsay

Ian Ramsay

Melbourne Law School - University of Melbourne

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

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

Ian Ramsay (Contact Author)

Melbourne Law School - University of Melbourne ( email )

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