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  • 标题:Shirking and Sharking: A Legal Theory of the Firm
  • 本地全文:下载
  • 作者:Orts, Eric W
  • 期刊名称:Yale Law & Policy Review
  • 出版年度:1997
  • 卷号:16
  • 期号:2
  • 页码:2
  • 出版社:Yale Law School
  • 摘要:This Article reexamines economic theories of the firm from a legal perspective. These theories are said to have "dominated" and produced a "revolution" in legal scholarship in recent years, particularly in the field of enterprise organization. In this Article, I accept the insights of this scholarship, but recommend a significant expansion of its theoretical premises. In contrast to most economic accounts, I argue that legal theory is needed for an accurate description of the business firm. In particular, I contest economic theories of the firm that fail to appreciate the importance of legal relationships of agency authority, power, and hierarchy.
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