The corporation as social contract

posted by
October 31, 2011
Liberale et Libertaire
by dL  
Posted in Commentary

"As I pointed out in my original piece, Stephan Kinsella’s claim of a contractual foundation of 'shareholder limited liability,' which he implied had been substantiated by the likes of Robert Hessen, was not an accurate claim. ... There is no economic bargaining foundation for this legal protection aspect of the Firm." (10/30/11)  

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