Warren’s corporate governance scheme, cont’d

General incorporation laws were a huge 19th century advance, replacing favoritism-riddled corporate chartering at official pleasure with automatic operation of legal right. Sen. Elizabeth Warren’s corporate governance scheme would risk taking us back to the bad old days. I’ve got a new post at Cato, channeling Richard Epstein and other commentators on the topic. Earlier here, and some extended critique of the “stakeholder” idea in this 2002 piece by Norman Barry.

Warren’s corporate governance scheme, cont’d is a post from Overlawyered - Chronicling the high cost of our legal system


Warren’s corporate governance scheme, cont’d curated from Overlawyered

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