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Federalism and Takeover Law: The Race to Protect Managers from Takeovers

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NBER2000-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7232
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This paper analyzes certain important shortcomings of state competition in corporate law. In particular, we show, with respect to takeovers, states have incentives to produce rules that excessively protect incumbent managers. The development of state takeover law, we argue, is consistent with our
提供机构:
美国国家经济研究局
创建时间:
2000-06-01
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