Alan Palmiter and Frank Partnoy's new casebook, Corporations, Second Edition is extraordinarily good. It provides a well-organized, information-rich, balanced view of American corporate law.Its principal shortcoming is expressed in its title. It is principally a book about the corporate form....

Right-wing populists present a difficult challenge for business associations. This chapter discusses business association responses to the populist right, beginning with the rationales for support and opposition. The interests of business associations and right-wing populists overlap in certain...

Each year, two million corporations and limited liability companies are established in the United States. The process by which these entities are created has traditionally been governed under state law. The Senate is considering a bill introduced by Senator Levin requiring that states maintain...

This study examines the impact of tourism activity on local business and economic conditions in local economies in Britain. The empirical investigation focuses on whether or not tourism activity is beneficial to local rural and urban economies and informs policy makers aiming to maximise their...

London is one of the world's most popular destinations and visitors contribute approximately £14.9 billion of expenditure to the city every year. Its tourism and events sectors are growing and over the last few years London has received more visitors than ever before. However, detailed accounts...

In this paper we discuss the present and future role of tour operators (and intermediation in general) after the advent of internet and other information and communication technologies (ICTs). We adopt the transaction costs economics framework so as to be able to analyse the role that tour...

Intermediaries often arise in order to facilitate trade in markets characterized by asymmetric information. In the travel industry, policymakers have tried to address information asymmetries by providing hotel ratings. We show that those ratings are noisy indicators of quality because of the use...