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Walter Eucken strongly rejected the institution of limited liability. From his point of view, only unrestricted full … liability was in conformity with the market order. This perspective misses important insights, as is shown with recourse to the … of limited liability. Second, one can realize further welfare gains within organizations by means of incentive contracts …
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Walter Eucken strongly rejected the institution of limited liability. From his point of view, only unrestricted full … liability was in conformity with the market order. This perspective misses important insights, as is shown with recourse to the … of limited liability. Second, one can realize further welfare gains within organizations by means of incentive contracts …
Persistent link: https://www.econbiz.de/10011733795
Die ökonomische Bedeutung der Organhaftung im nationalen Aktienrecht -- Der Einfluss von D&O-Versicherungen auf die Organhaftung -- Die materiell-rechtliche Organhaftung de lege lata -- Das Haftungsdurchsetzungsdefizit, seine Ursachen und die Konsequenzen -- Die Reform der Aktionärsklage als...
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This article examines the effect of anti-takeover provisions on executive excess compensation and find a positive association. Five further findings are as follows. First, among specific provisions, the anti-takeover provisions mainly used to delay the takeover process have a stronger effect on...
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