Corporate contracting around defective regulations: The Daimler-Chrysler case

Autor(en): Baums, T
Stichwörter: Business & Economics; Economics
Erscheinungsdatum: 1999
Herausgeber: J C B MOHR
Journal: JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT
Volumen: 155
Ausgabe: 1
Startseite: 119
Seitenende: 127
Zusammenfassung: 
This paper describes the legal structure of the Daimler-Chrysler merger. It asks why this specific structure rather than another cheaper way was chosen. This leads to the more general question of the pros and cons of mandatory corporate law as a regulatory device. The article advocates an ``optional'' approach: The legislator should offer various menus or sets of binding rules among which the parties may choose.
Beschreibung: 
16th International Seminar on the New Institutional Economics Corporate Finance and Corporate Control, SAAR, GERMANY, JUN 17-19, 1998
ISSN: 09324569

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