Jason DeBacker wrote:

>What is the economic argument for limited liability of corporations?
>Can anyone suggest some readings on this?

For starters, I would recommend:

Easterbrook, Frank and Fischel, Daniel (1991) "The Economic Structure of
Corporate Law", Harvard University Press.

After that, you could read the papers referred to in this book.

Alex


Dr Alex Robson
School of Economics
Faculty of Economics and Commerce
Australian National University
Canberra ACT 0200.
AUSTRALIA
Ph +61-2-6125-4909

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Subject:        limited liability

What is the economic argument for limited liability of corporations?
Can anyone suggest some readings on this?





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