Law and Finance of Related Party Transactions

Description:

"The separation of ownership and control is a natural feature of corporations: shareholders routinely delegate decision-making power within the firm among themselves or to one or more managers. Delegation can be explicit, via a consensual decision on who is going to run the company, or implicit, such as when investors buy shares in companies where another investor holds a majority stake and there is no side agreement allowing the former to share control"--

subjects: Corporate governance, law and legislation,  Related party transactions,  Law and legislation,  Congresses,  Corporate governance