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There seems to be a virtual consensus among corporate law scholars that state legislatures should enable corporations to select governance terms from a menu of predefined statutory rules. In this Article, I challenge this view. The private sector has produced menus of contract terms, such as...
Persistent link: https://www.econbiz.de/10009540211
Three Swiss corporate governance scholars have suggested recently that public corporations establish shareholder committees, which would have certain oversight functions and act as a communication link between shareholders and management. To assess the merits of this proposal, I review the...
Persistent link: https://www.econbiz.de/10009124064
Shawn Bayern recently argued that it is possible in certain U.S. states to give de facto legal personhood to an autonomous system (i.e., a computer system that is capable of operating a legal entity without human intervention) using a permanently memberless limited liability company (LLC) that...
Persistent link: https://www.econbiz.de/10011628734