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A Capital Market, Corporate Law Approach to Creditor Conduct

Roe, Mark J. - 2016

Persistent link: https://www.econbiz.de/10013008050

Are Public Firms Disappearing? Corporate Law and Market Power Analyses

Roe, Mark J.; Wang, Charles C. Y. - 2023

other on competition (the FTC). We bring forward real economy changes that could readily explain the reconfiguration of the …

Persistent link: https://www.econbiz.de/10014254336

Corporate Purpose and Corporate Competition

Roe, Mark J. - 2021

rising as well. Three changes in industrial organization are most relevant: the possibility of declining competition, the … counter-possibility of increasing winner-take-all competition, and the possibility that the ownership of the big firms has … economies with slack competition, in contrast, monopolistic and oligopolistic firms can accommodate purpose pressure from their …

Persistent link: https://www.econbiz.de/10013233595

Derivatives Markets in Bankruptcy

Roe, Mark J. - 2013

By treating derivatives and financial repurchase agreements much more favorably than it treats other financial vehicles, American bankruptcy law subsidizes these arrangements relative to other financing channels. By subsidizing them, the rules weaken market discipline during ordinary financial...

Persistent link: https://www.econbiz.de/10013091160

Corporate Short-Termism – In the Boardroom and in the Courtroom

Roe, Mark J. - 2014

Persistent link: https://www.econbiz.de/10013064293

Capital Markets and Financial Politics : Preferences and Institutions

Roe, Mark J. - 2015

For capital markets to function, political institutions must support capitalism in general and the capitalism of financial markets in particular. Yet capital markets' shape, support, and extent are often contested in the polity. Powerful elements — from politicians to mass popular movements...

Persistent link: https://www.econbiz.de/10013038395

Finance and Politics : A Review Essay Based on Kenneth Dam's Analysis of Legal Traditions in the Law-Growth Nexus

Roe, Mark J. - 2015

Strong financial markets are widely thought to propel economic development, with many in finance seeing legal tradition as fundamental to protecting investors sufficiently for finance to flourish. Kenneth Dam, in the Law-Growth Nexus, finds that the legal tradition view inaccurately portrays how...

Persistent link: https://www.econbiz.de/10013039325

A Theory of Path Dependence in Corporate Ownership and Governance

Bebchuk, Lucian A. - 2009

Corporate structures differ among the advanced economies of the world. We contribute to an understanding of these differences by developing a theory of the path dependence of corporate structure. The corporate structures that an economy has at any point in time depend in part on those that it...

Persistent link: https://www.econbiz.de/10012722236

Corporate Law's Limits

Roe, Mark J. - 2008

A strong theory has emerged that the quality of corporate law primarily determines whether ownership and control separate, particularly to the extent law stymies controllers' self-dealing transactions that damage minority stockholders. But in several rich nations, shareholders seem...

Persistent link: https://www.econbiz.de/10012728231

Containing Systemic Risk by Taxing Banks Properly

Roe, Mark J. - 2019

Persistent link: https://www.econbiz.de/10012903406