This paper uses a discrete choice framework to analyze state design and firm choice of the implications of incorporation: corporate governance laws, corporate taxes and court features. Firms --- differentiated by ownership, management, industry concentration, financial profile and unobservable...

When are shareholders empowered to remove directors from office? This is an important governance issue and is related to the balance of power between shareholders and directors. In the case of a public company, s 203D(1) of the Australian Corporations Act 2001 (Cth) provides that shareholders...

In Sebelius v. Hobby Lobby Stores,Inc. the Obama Administration contends that for-profit corporations are not “persons” under the Religious Freedom Restoration Act (“RFRA”) and thus cannot avail themselves of RFRA's protections. In a brief amicus curiae, 44 scholars of corporate and...

Acknowledgments -- Legal outline of business activity in Russia -- Concept and types of corporate business entities in Russia RUSSIA -- Foundation of a corporate business entity -- Starting a corporate business entity -- Legal aspects of the corporate governance and its role in business...