Company Law

Working Paper

Private Enforcement of Corporate Law: An Empirical Comparison of the UK and US

It is often assumed that strong securities markets require good legal protection of minority shareholders. This implies both "good" law -- principally corporate and securities law -- and enforcement, yet there has been little empirical analysis...Read more

John Armour
Bernard Black
Brian Cheffins
01 February 2009

Comparative Analysis on Legal Regulation of the Liability of Members of the Management organs of Companies

This Report was prepared, with support by the World Bank, for the Russian Center for Capital Market Development and the Russian Federal Service on the Securities Market (FSFM). We discuss the liability under company law of members of the board of...Read more

Bernard Black
Brian Cheffins
Martin Gelter
Mathias Siems
01 February 2008

Private Enforcement of Corporate Law: An Empirical Comparison of the UK and US

It is often assumed that strong securities markets require good legal protection of minority shareholders. This implies both "good" law -- principally corporate and securities law -- and enforcement, yet there has been little empirical analysis...Read more

John Armour
Bernard Black
Brian Cheffins
01 February 2009

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