Limited Liability

A Legal and Economic Analysis

Nonfiction, Reference & Language, Law, Corporate, Commercial
Cover of the book Limited Liability by Stephen M. Bainbridge, M.  Todd Henderson, Edward Elgar Publishing
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Author: Stephen M. Bainbridge, M. Todd Henderson ISBN: 9781783473038
Publisher: Edward Elgar Publishing Publication: September 30, 2016
Imprint: Language: English
Author: Stephen M. Bainbridge, M. Todd Henderson
ISBN: 9781783473038
Publisher: Edward Elgar Publishing
Publication: September 30, 2016
Imprint:
Language: English
The modern corporation has become central to our society. The key feature of the corporation that makes it such an attractive form of human collaboration is its limited liability. This book explores how, by allowing those who form the corporation to limit their downside risk and personal liability to only the amount they invest, there is the opportunity for more risks taken at a lower cost.
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The modern corporation has become central to our society. The key feature of the corporation that makes it such an attractive form of human collaboration is its limited liability. This book explores how, by allowing those who form the corporation to limit their downside risk and personal liability to only the amount they invest, there is the opportunity for more risks taken at a lower cost.

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