The Corporate Paradox: Economic Realities of the Corporate Form of Organization (Hardcover, 2000)

Acknowledgments. Note on Citations. Introduction. Part I: The Corporate form of Organization. 1. On Buttermilk and Islands of Conscious Power. 2. The Corporate Vehicle - A View from Organization Theory. 3. A Paradox Named Limited Liability. Part II: The Corporate Dichotomy: Managers Versus Shareholders. 4. The Problem of Internal Costs. 5. The Quest for Remedies: Markets, Monitoring and Managerial Liability. 6. Disciplining the Unfaithful Agent - Legal Responses to the Internal Costs Problem. Part III: Limited Liability and Organizational Behavior. 7. The Problem of External Costs. 8. Extended Liability and Other Possible Remedies. 9. In Search of Souls to Damn - Legal Responses to the External Costs Problem. Concluding Remarks. References. Case Index. Subject Index.