Fabio wrote: > > Imagine that a nation like the US were run like a corporation. To live > >How would you enforce shareholder rights and monitor managers? For >corporations inside nations, one could appeal to the state for law >enforcement or start a lawsuit. What recourse do shareholders have in >such a worlds?
Are state-enforced lawsuits really what keeps large multinational corporations honest now? If not, then the concept here is to use mechanisms similar to whatever large corporations now use. Robin Hanson [EMAIL PROTECTED] http://hanson.gmu.edu Asst. Prof. Economics, George Mason University MSN 1D3, Carow Hall, Fairfax VA 22030-4444 703-993-2326 FAX: 703-993-2323
