公司法基础(影印本)

公司法基础(影印本)
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作者: [美]
出版社: 法律出版社
2005-03
版次: 1
ISBN: 9787503653070
定价: 45.00
装帧: 平装
开本: 其他
纸张: 胶版纸
页数: 319页
分类: 法律
  • 这十年经历了一场公司法革命。在这不同寻常的十年期间,业界创新了商业组织结构和兼并行为模式,而公司法领域的理论也由于引进了经济学的组织理论和现代公司金融理论等分析方法而大为改观。这种对经济学理论的融合深刻影响了公司运作方式以及公司法教学,而这种影响将持续下去。这本论文集着重介绍了公司法领域迥然对立的各种理论,以及这些理论得以产生的经济学基本原理。此外,我们通过提供公司治理方面广泛而繁茂的实证研究成果,努力用写实的手法给学子们描绘出对他们而言很陌生的公司法研究概况。
    因阿道夫·伯利和加德纳·米恩斯二人对所有权和经营权分离带来的问题之深刻分析,公众持股公司的重要特点变得明晰:公司经营业务的经理层并不拥有该公司。伯利和米恩斯认为这种分离产生了许多组织上的弊端,因为公司所有人的利益并不总是与经理层一致。这类问题被称为代理问题。正如这本论文集所阐释的,公司法的大部分内容就是在探讨如何处理代理问题。本书收集的论文运用经济学组织理论和公司金融理论从不同角度对这一问题展开剖析,并分别提出了不同的解决方案。
    我本人曾在公司法和公司金融等课堂上使用本书中的材料。编辑本书时我们有意将其做成供学生在公司法课堂讨论的教材,同时,体例上我们在每一章节安排了要点与问题,以便读者能独立阅读并自我指导。论文均经过多方面编辑加工,使其更好用。我们将初稿里的数学计算和公式进行了压缩,但要点里的数据原封不动,以阐释某些概念。当然这种做法很危险,因为失却了学术著述的复杂性,而且留给人一种错误的印象,即创建一个理论不会引起理解上的歧义。为尽量避免这种误识,我有意将观点大相径庭的相关论文及随后的要点并列编排在一起。此外,论文节录中的参考书目和脚注均已省去——为增强可读性和更适合教学,只好牺牲各论文节录的精确性和查阅引文出处的便捷性了。读者若对节录感兴趣,可以查找原论文。 罗伯塔·罗曼诺于1975年获得芝加哥大学经济学硕士学位,1980年获耶鲁大学法律博士学位,1985年起任耶鲁大学教授,研究领域是公司法、公司金融和金融市场监管。罗曼诺自1998年起承担《法律经济学评论》的编辑工作,并于1998-1999年间担任美国法律经济学协会主席。 ⅠTheoryoftheFirmandCapitalMarkets,1
    A.TheoryoftheFirm,4
    TheoryoftheFirm:ManagerialBehavior,Agency
    Costs,and
    OwnershipStructure,4
    MichaelC.JensenandWilliamH.Meckling
    TransactionCostEconomics,9
    OliverE.Williamson
    OwnershipoftheFirm,15
    HenryHansmann
    NotesandQuestions,22
    B.TheoryofCapitalMarkets,26
    FromARandomWalkDownWallStreet,26
    BurtonG.Malkiel
    FromCorporateFinance,43
    StephenA.Ross,RandolphW.Westerfield,and
    JeffreyF.Jaffe
    NotesandQuestions,57
    ⅡLegalCharacteristicsoftheCorporation:Limited
    Liability,61
    LimitedLiabilityandtheCorporation,62
    FrankH.EasterbrookandDanielR.Fischel
    LimitedLiabilityintheTheoryoftheFirm,70
    SusanE.Woodward
    TowardUnlimitedShareholderLiabilityfor
    Corporate
    Torts,73
    HenryHansmannandReinierKraakman
    NotesandQuestions,78
    ⅢTheProductionofCorporationLaws,82
    A.StateCompetitionforCorporateCharters,84
    TheStateCompetitionDebateinCorporateLaw,84
    RobertaRomano
    TowardanInterestGroupTheoryofDelaware
    Corporate
    Law,90
    JonathanR.MaceyandGeoffreyP.Miller
    NotesandQuestions,93
    B.TheStructureofCorporationLaws,96
    TheCorporateContract,96
    FrankH.EasterbrookandDanielR.Fischel
    TheMandatoryStructureofCorporateLaw,104
    JeffreyN.Gordon
    TheMandatory/EnablingBalanceinCorporateLaw:An
    Essay
    ontheJudicialRole,111
    JohnC.Coffee,Jr.
    NotesandQuestions,113
    ⅣFinancingtheCorporation,119
    OnFinancialContracting:AnAnalysisofBond
    Covenants,121
    CliffordW.Smith,Jr.,andJeroldB.Warner
    ContractualResolutionofBondholder-Stockholder
    Conflicts
    inLeveragedBuyouts,128
    KennethLehnandAnnettePoulsen
    ActiveInvestors,LBOs,andthePrivatizationof
    Bankruptcy,130
    MichaelC.Jensen
    TheStructureandGovernanceofVentureCapital
    Organizations,132
    WilliamA.Sahlman
    TwoAgency-CostExplanationsofDividends,138
    FrankH.Easterbrook
    NotesandQuestions,140
    ⅤInternalGovernanceStructures,146
    A.BoardsofDirectorsandFiduciaryDuties,148
    CorporateGovernance,148
    OliverE.Williamson
    IncentiveandTaxEffectsofExecutiveCompensation
    Plans,155
    CliffordW.Smith,Jr.andRossL.Watts
    TheShareholderSuit:LitigationWithout
    Foundation?,162
    RobertaRomano
    Does"Unlawful"Mean"Criminal"?:Reflectionson
    the
    DisappearingTort/CrimeDistinctioninAmerican
    Law,173
    JohnC.Coffee,Jr.,
    NotesandQuestions,179
    B.ShareholderVotingRightsandtheExerciseof
    Voice,187
    VotinginCorporateLaw,187
    FrankH.EasterbrookandDanielR.Fischel
    TiesthatBond:DualClassCommonStockandthe
    Problemof
    ShareholderChoice,192
    JeffreyN.Gordon
    ProxyContestsandtheEfficiencyofShareholder
    Oversight,197
    JohnPound
    APoliticalTheoryofAmericanCorporateFinance,
    206
    MarkJ.Roe
    AgentsWatchingAgents:ThePromiseof
    Institutional
    InvestorVoice,210
    BernardS.Black
    ActiveInvestors,LBOs,andthePrivatizationof
    Bankruptcy,
    213
    MichaelC.Jensen
    NotesandQuestions,214
    ⅥExternalGovernanceStructures:TheMarketfor
    Corporate
    Control,221
    A.TheoriesandEvidence,223
    MergersandtheMarketforCorporateControl,223
    HenryG.Manne
    Takeovers:TheirCausesandConsequences,225
    MichaelC.Jensen
    BreachofTrustinHostileTakeovers,228
    AndreiShleiferandLawrenceH.Summers
    RiskReductionasaManagerialMotivefor
    Conglomerate
    Mergers,232
    YakovAmihudandBaruchLev
    TheHubrisHypothesisofCorporateTakeovers,233
    RichardRoll
    TheMarketforCorporateControl:TheScientific
    Evidence,235
    MichaelC.JensenandRichardS.Ruback
    TheMarketforCorporateControl:TheEmpirical
    Evidence
    Since1980,242
    GreggA.Jarrell,JamesA.Brickley,andJeffry
    M.Netter
    HostileTakeoversinthe1980s:TheReturnto
    Corporate
    Specialization,245
    SanjaiBhagat,AndreiShleifer,andRobertW.
    Vishny
    NotesandQuestions,248
    B.Management’sFiduciaryDutyandTakeover
    Defenses,258
    TheProperRoleofaTarget’sManagementin
    Respondingtoa
    TenderOffer,258
    FrankH.EasterbrookandDanielR.Fischel
    SeekingCompetitiveBidsVersusPurePassivityin
    Tender
    OfferDefense,262
    RonaldJ.Gilson
    TheCaseforFacilitatingCompetingTenderOffers:
    AReply
    andExtension,265
    LucianA.Bebchuk
    TheMarketforCorporateControl:TheEmpirical
    Evidence
    Since1980,267
    GreggA.Jarrell,JamesA.Brickley,andJeffry
    M.Netter
    TheWealthEffectsofSecond-GenerationState
    Takeover
    Legislation,272
    JonathanM.KarpoffandPaulH.Malatesta
    TheFutureofHostileTakeovers:Legislationand
    Public
    Opinion,278
    RobertaRomano
    NotesandQuestions,285
    ⅦSecuritiesRegulation,293
    A.DisclosureRegulation,295
    MandatoryDisclosureandtheProtectionof
    Investors,295
    FrankH.EasterbrookandDanielR.Fischel
    MarketFailureandtheEconomicCasefora
    Mandatory
    DisclosureSystem,301
    JohnC.Coffee,Jr.
    TheEffectofthe1933SecuritiesActonInvestor
    Information
    andthePerformanceofNewIssues,303
    CarolJ.Simon
    NotesandQuestions,305
    B.InsiderTradingRegulation,310
    InsiderTrading:Rule10b-5,Disclosure,and
    Corporate
    Privacy,310
    KennethE.Scott
    TheRegulationofInsiderTrading,313
    DennisW.CarltonandDanielR.Fischel
    NotesandQuestions,317
  • 内容简介:
    这十年经历了一场公司法革命。在这不同寻常的十年期间,业界创新了商业组织结构和兼并行为模式,而公司法领域的理论也由于引进了经济学的组织理论和现代公司金融理论等分析方法而大为改观。这种对经济学理论的融合深刻影响了公司运作方式以及公司法教学,而这种影响将持续下去。这本论文集着重介绍了公司法领域迥然对立的各种理论,以及这些理论得以产生的经济学基本原理。此外,我们通过提供公司治理方面广泛而繁茂的实证研究成果,努力用写实的手法给学子们描绘出对他们而言很陌生的公司法研究概况。
    因阿道夫·伯利和加德纳·米恩斯二人对所有权和经营权分离带来的问题之深刻分析,公众持股公司的重要特点变得明晰:公司经营业务的经理层并不拥有该公司。伯利和米恩斯认为这种分离产生了许多组织上的弊端,因为公司所有人的利益并不总是与经理层一致。这类问题被称为代理问题。正如这本论文集所阐释的,公司法的大部分内容就是在探讨如何处理代理问题。本书收集的论文运用经济学组织理论和公司金融理论从不同角度对这一问题展开剖析,并分别提出了不同的解决方案。
    我本人曾在公司法和公司金融等课堂上使用本书中的材料。编辑本书时我们有意将其做成供学生在公司法课堂讨论的教材,同时,体例上我们在每一章节安排了要点与问题,以便读者能独立阅读并自我指导。论文均经过多方面编辑加工,使其更好用。我们将初稿里的数学计算和公式进行了压缩,但要点里的数据原封不动,以阐释某些概念。当然这种做法很危险,因为失却了学术著述的复杂性,而且留给人一种错误的印象,即创建一个理论不会引起理解上的歧义。为尽量避免这种误识,我有意将观点大相径庭的相关论文及随后的要点并列编排在一起。此外,论文节录中的参考书目和脚注均已省去——为增强可读性和更适合教学,只好牺牲各论文节录的精确性和查阅引文出处的便捷性了。读者若对节录感兴趣,可以查找原论文。
  • 作者简介:
    罗伯塔·罗曼诺于1975年获得芝加哥大学经济学硕士学位,1980年获耶鲁大学法律博士学位,1985年起任耶鲁大学教授,研究领域是公司法、公司金融和金融市场监管。罗曼诺自1998年起承担《法律经济学评论》的编辑工作,并于1998-1999年间担任美国法律经济学协会主席。
  • 目录:
    ⅠTheoryoftheFirmandCapitalMarkets,1
    A.TheoryoftheFirm,4
    TheoryoftheFirm:ManagerialBehavior,Agency
    Costs,and
    OwnershipStructure,4
    MichaelC.JensenandWilliamH.Meckling
    TransactionCostEconomics,9
    OliverE.Williamson
    OwnershipoftheFirm,15
    HenryHansmann
    NotesandQuestions,22
    B.TheoryofCapitalMarkets,26
    FromARandomWalkDownWallStreet,26
    BurtonG.Malkiel
    FromCorporateFinance,43
    StephenA.Ross,RandolphW.Westerfield,and
    JeffreyF.Jaffe
    NotesandQuestions,57
    ⅡLegalCharacteristicsoftheCorporation:Limited
    Liability,61
    LimitedLiabilityandtheCorporation,62
    FrankH.EasterbrookandDanielR.Fischel
    LimitedLiabilityintheTheoryoftheFirm,70
    SusanE.Woodward
    TowardUnlimitedShareholderLiabilityfor
    Corporate
    Torts,73
    HenryHansmannandReinierKraakman
    NotesandQuestions,78
    ⅢTheProductionofCorporationLaws,82
    A.StateCompetitionforCorporateCharters,84
    TheStateCompetitionDebateinCorporateLaw,84
    RobertaRomano
    TowardanInterestGroupTheoryofDelaware
    Corporate
    Law,90
    JonathanR.MaceyandGeoffreyP.Miller
    NotesandQuestions,93
    B.TheStructureofCorporationLaws,96
    TheCorporateContract,96
    FrankH.EasterbrookandDanielR.Fischel
    TheMandatoryStructureofCorporateLaw,104
    JeffreyN.Gordon
    TheMandatory/EnablingBalanceinCorporateLaw:An
    Essay
    ontheJudicialRole,111
    JohnC.Coffee,Jr.
    NotesandQuestions,113
    ⅣFinancingtheCorporation,119
    OnFinancialContracting:AnAnalysisofBond
    Covenants,121
    CliffordW.Smith,Jr.,andJeroldB.Warner
    ContractualResolutionofBondholder-Stockholder
    Conflicts
    inLeveragedBuyouts,128
    KennethLehnandAnnettePoulsen
    ActiveInvestors,LBOs,andthePrivatizationof
    Bankruptcy,130
    MichaelC.Jensen
    TheStructureandGovernanceofVentureCapital
    Organizations,132
    WilliamA.Sahlman
    TwoAgency-CostExplanationsofDividends,138
    FrankH.Easterbrook
    NotesandQuestions,140
    ⅤInternalGovernanceStructures,146
    A.BoardsofDirectorsandFiduciaryDuties,148
    CorporateGovernance,148
    OliverE.Williamson
    IncentiveandTaxEffectsofExecutiveCompensation
    Plans,155
    CliffordW.Smith,Jr.andRossL.Watts
    TheShareholderSuit:LitigationWithout
    Foundation?,162
    RobertaRomano
    Does"Unlawful"Mean"Criminal"?:Reflectionson
    the
    DisappearingTort/CrimeDistinctioninAmerican
    Law,173
    JohnC.Coffee,Jr.,
    NotesandQuestions,179
    B.ShareholderVotingRightsandtheExerciseof
    Voice,187
    VotinginCorporateLaw,187
    FrankH.EasterbrookandDanielR.Fischel
    TiesthatBond:DualClassCommonStockandthe
    Problemof
    ShareholderChoice,192
    JeffreyN.Gordon
    ProxyContestsandtheEfficiencyofShareholder
    Oversight,197
    JohnPound
    APoliticalTheoryofAmericanCorporateFinance,
    206
    MarkJ.Roe
    AgentsWatchingAgents:ThePromiseof
    Institutional
    InvestorVoice,210
    BernardS.Black
    ActiveInvestors,LBOs,andthePrivatizationof
    Bankruptcy,
    213
    MichaelC.Jensen
    NotesandQuestions,214
    ⅥExternalGovernanceStructures:TheMarketfor
    Corporate
    Control,221
    A.TheoriesandEvidence,223
    MergersandtheMarketforCorporateControl,223
    HenryG.Manne
    Takeovers:TheirCausesandConsequences,225
    MichaelC.Jensen
    BreachofTrustinHostileTakeovers,228
    AndreiShleiferandLawrenceH.Summers
    RiskReductionasaManagerialMotivefor
    Conglomerate
    Mergers,232
    YakovAmihudandBaruchLev
    TheHubrisHypothesisofCorporateTakeovers,233
    RichardRoll
    TheMarketforCorporateControl:TheScientific
    Evidence,235
    MichaelC.JensenandRichardS.Ruback
    TheMarketforCorporateControl:TheEmpirical
    Evidence
    Since1980,242
    GreggA.Jarrell,JamesA.Brickley,andJeffry
    M.Netter
    HostileTakeoversinthe1980s:TheReturnto
    Corporate
    Specialization,245
    SanjaiBhagat,AndreiShleifer,andRobertW.
    Vishny
    NotesandQuestions,248
    B.Management’sFiduciaryDutyandTakeover
    Defenses,258
    TheProperRoleofaTarget’sManagementin
    Respondingtoa
    TenderOffer,258
    FrankH.EasterbrookandDanielR.Fischel
    SeekingCompetitiveBidsVersusPurePassivityin
    Tender
    OfferDefense,262
    RonaldJ.Gilson
    TheCaseforFacilitatingCompetingTenderOffers:
    AReply
    andExtension,265
    LucianA.Bebchuk
    TheMarketforCorporateControl:TheEmpirical
    Evidence
    Since1980,267
    GreggA.Jarrell,JamesA.Brickley,andJeffry
    M.Netter
    TheWealthEffectsofSecond-GenerationState
    Takeover
    Legislation,272
    JonathanM.KarpoffandPaulH.Malatesta
    TheFutureofHostileTakeovers:Legislationand
    Public
    Opinion,278
    RobertaRomano
    NotesandQuestions,285
    ⅦSecuritiesRegulation,293
    A.DisclosureRegulation,295
    MandatoryDisclosureandtheProtectionof
    Investors,295
    FrankH.EasterbrookandDanielR.Fischel
    MarketFailureandtheEconomicCasefora
    Mandatory
    DisclosureSystem,301
    JohnC.Coffee,Jr.
    TheEffectofthe1933SecuritiesActonInvestor
    Information
    andthePerformanceofNewIssues,303
    CarolJ.Simon
    NotesandQuestions,305
    B.InsiderTradingRegulation,310
    InsiderTrading:Rule10b-5,Disclosure,and
    Corporate
    Privacy,310
    KennethE.Scott
    TheRegulationofInsiderTrading,313
    DennisW.CarltonandDanielR.Fischel
    NotesandQuestions,317
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