1. Corporate governance : theory and evidence -- 2. Private benefits of control -- 3. The law and economics of control powers : a theoretical framework -- 4. Legal distribution of corporate powers -- 5. How to cope with self-dealing -- 6. Regulation of related-party transactions : a comparative...

This chapter discusses the law and finance scholarship, from its beginning to its developments into legal research and policymaking. The key issue of the importance of law for finance is illustrated along with the controversy on the law matters proposition. The focus of the chapter, however, is...

The standard approach to the legal foundations of corporate governance is based on the 'law matters' thesis, according to which corporate law promotes separation of ownership and control by protecting minority shareholders from expropriation. This paper takes a broader perspective on the...