LCCN96-036238
Reviews...stimulating for those who wish, if only occasionally, to ask themselves the question why we have company law, what lawyers working in this field can achieve and where we might bring about improvements., 'a book which deals primarily with the law as practised in the United Kingdom is..to be welcomed..This book is to be commended for making available in clear and lucid langauge a wealth of source material that merits investigation and should readily find a place in any personal or officelibrary.', 'The book's claim to be the first comprehensive survey of United Kindom company law from an economic perspective cannot be questioned. It is a monumental work of research and writing which explains the workings of economic analysis with a depth and clarity which non-economists willwelcome...Cheffins has presented a complex analysis of inner workings of companies and the part which company law can or should play in their regulation...Cheffin's works look set to prove very influential', 'The book's claim to be the first comprehensive survey of United Kindom company law from an economic perspective cannot be questioned. It is a monumental work of research and writing which explains the workings of economic analysis with a depth and clarity which non-economists will welcome...Cheffins has presented a complex analysis of inner workings of companies and the part which company law can or should play in their regulation...Cheffin's works look set toprove very influential''a book which deals primarily with the law as practised in the United Kingdom is..to be welcomed..This book is to be commended for making available in clear and lucid langauge a wealth of source material that merits investigation and should readily find a place in any personal or office library.'"...stimulating for those who wish, if only occasionally, to ask themselves the question why we have company law, what lawyers working in this field can achieve and where we might bring about improvements.", Excellent analysis of company law from an economic perspective, includes extremely thorough accounts of certain specialised areas (eg. executive pay, non-executive directors), Lee Roach, University of Cardiff|9780198764694|
SynopsisIn the United States the use of economics has had a dramatic influence on the study of corporate law. Professor Cheffins's book is the first in the United Kingdom to use economics to discuss in a systematic fashion company law issues. Company Law: Theory, Structure and Operation addresses a series of important questions which have not been analysed in detail elsewhere and examines in a fresh manner topics which are familiar to those interested in company law. It is an ideal book from which to teach company law in a fashion which is theoretically stimulating; at the same time it covers the core areas of the company law syllabus and will therefore be helpful to the average student as well as demanding for the more ambitious ones., Company Law: Theory, Structure and Operation is the first United Kingdom law text to use economic theory to provide insights into corporate law, an approach widely adopted in the United States. In this book, Brian Cheffins discusses the inner workings of companies, examines the impact of the legal system on corporate activities, and evaluates the merits of governmental regulatory strategies. The book covers core areas of the undergraduate company law syllabus in a stimulating and theoretically enlightening fashion and addresses important company law topics such as: * limited liability of shareholders * shareholders' remedies * corporate governance (including the Cadbury Report) * executive pay (including the Greenbury Report) * the role of self-regulation in United Kingdom securities markets * the impact of European Union Directives on company law in the UK Brian Cheffins also examines in detail a number of questions which have not been fully explored elsewhere. These include: * What are the justifications for legal regulation of company affairs? * What are the drawbacks associated with government intervention? * How can one ascertain the optimal format for company law rules?
LC Classification NumberKD2079.C48 1997