A cross border merger as the name suggests, refers to the combination of two or more companies belonging to or registered in two different countries. For a cross border merger two basic motives stand out; efficiency motive and strategic motive. Efficiency motive basically means want of the two...

This article develops an empirical model of firms’ choice of corporate laws under inertia. Delaware dominates the incorporation market, though recently Nevada, a state whose laws are highly protective of managers, has acquired a sizable market share. Using a database of firm incorporation...

The Singapore Companies Act was first enacted in 1967. Since then, the Companies Act has undergone several rounds of amendments. The last comprehensive review was conducted by the Company Legislation and Regulatory Framework Committee in 1999, which led to many key changes made to the Companies...

This Article revisits the debate on the desirability of interstate competition in providing corporate law. It argues that the market for corporate law is imperfectly competitive, and therefore may not yield the optimal product to either shareholders or managers. Delaware dominates the market as...