Anatomy of Corporate Law

Dit vak wordt in het Engels aangeboden. Omschrijvingen kunnen daardoor mogelijk alleen in het Engels worden weergegeven.

Doel vak

This course aims to highlight the economic logic of corporate law.
Business corporations, in any jurisdiction, share five basic legal
characteristics: legal personality, limited liability, transferable
shares, delegated management under a board structure and investor
ownership. Corporate law everywhere must provide for them. In this
course, we explore the role of corporate law in minimizing agency
problems – and thus, making the corporate form practible – in the most
important categories of corporate actions. We address seven categories
of transactions and decisions that involve the corporation, its owners,
its managers and the other parties with whom it deals. We will thus
cover all of the important problems in corporate law.

Inhoud vak

The objective of the course is threefold:
1. Outline the common structure of corporate law across different
jurisdictions as a response to similar legal and economic problems
2. Examine whether and how different institutional and economic settings
justify tailored legal approaches to the regulation of corporations
3. Explore the implications of behavioural economics for corporate law,
particularly in relation to boards and shareholders


Plenary classes and presentations


Written exam and assignments


Reinier Kraakman and others, The Anatomy of Corporate Law, Oxford, 2009


This course is only open to students of the programme Law, Markets and

Algemene informatie

Vakcode R_AoCL
Studiepunten 6 EC
Periode P1
Vakniveau 500
Onderwijstaal Engels
Faculteit Faculteit der Rechtsgeleerdheid
Vakcoördinator prof. dr. J.L. Smeehuijzen
Examinator prof. dr. J.L. Smeehuijzen
Docenten prof. dr. J.L. Smeehuijzen

Praktische informatie

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