The Private Ordering of Publicly Traded Partnerships
Title | The Private Ordering of Publicly Traded Partnerships PDF eBook |
Author | Christine Hurt |
Publisher | |
Pages | 47 |
Release | 2017 |
Genre | |
ISBN |
The Bargain in the Firm
Title | The Bargain in the Firm PDF eBook |
Author | Robert W. Hillman |
Publisher | |
Pages | 24 |
Release | 2005 |
Genre | |
ISBN |
The law that dominates legal scholarship is the corporate law of the public entity. This corporate law struggles to define and protect the interests of a large, amorphous, and essentially passive group of shareholders who typically hold diversified portfolios and whose willingness and ability to focus attention on any single investment in that portfolio is limited. Aggrieved shareholders of publicly held firms normally have the exit option available through the liquidity provided by organized securities markets.Another corporate law addresses the closely held firms that at one time or another elected corporate status. Here, the problem lies in the exercise of control by one group of shareholders to the disadvantage of another group under circumstances in which disadvantaged shareholders, unlike their counterparts in publicly-held firms, typically do not have an easy exit option. This is the corporate under law under which private ordering through bargaining among shareholders has achieved slow but steady gains. It is also the corporate law largely ignored by contemporary legal scholars.The two corporate laws, and the concerns addressed by each, are quite distinct. Recognizing the distinction is critical in assessing the content as well as the evolution of corporate law. It is also a premise underlying this article, which considers private ordering in closely-held firms and the degree to which partnership law and corporate law have influenced each other.
Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money
Title | Public-Private Partnerships In Pursuit of Risk Sharing and Value for Money PDF eBook |
Author | OECD |
Publisher | OECD Publishing |
Pages | 145 |
Release | 2008-05-21 |
Genre | |
ISBN | 9264046739 |
This book highlights good practices and summarises what countries should consider before entering into public-private partnerships (PPPs).
Mastering the Risky Business of Public-Private Partnerships in Infrastructure
Title | Mastering the Risky Business of Public-Private Partnerships in Infrastructure PDF eBook |
Author | Manal Fouad |
Publisher | International Monetary Fund |
Pages | 61 |
Release | 2021-05-10 |
Genre | Business & Economics |
ISBN | 1513576569 |
Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.
Can Delaware Be Dethroned?
Title | Can Delaware Be Dethroned? PDF eBook |
Author | Stephen M. Bainbridge |
Publisher | Cambridge University Press |
Pages | 269 |
Release | 2018-01-11 |
Genre | Law |
ISBN | 1107158281 |
Leading corporate lawyers and academics evaluate Delaware's dominance of corporate law and the challenges it now faces.
The Genius of American Corporate Law
Title | The Genius of American Corporate Law PDF eBook |
Author | Roberta Romano |
Publisher | American Enterprise Institute |
Pages | 180 |
Release | 1993 |
Genre | Business & Economics |
ISBN | 9780844738369 |
This is a study of the structure of American corporate law, which combines economic analysis with empirical insights to produce a number of policy insights. It is suitable for anyone studying corporate law, securities regulation, comparative company law or federalism.
Public-private Policy Partnerships
Title | Public-private Policy Partnerships PDF eBook |
Author | Pauline Vaillancourt Rosenau |
Publisher | MIT Press |
Pages | 268 |
Release | 2000 |
Genre | Business & Economics |
ISBN | 9780262681148 |
The first book to evaluate public-private partnerships in a broad range of policy areas.