Crafting a Corporate Code from Scratch

Résumé du livre

Part I will discuss some corporate matters that are regulated under our existing corporate regime. Not having discerned any market failure to justify regulatory fiat, the bill opts for deregulation. Part II is the mirror image of part I. It discusses matters that have not been well regulated thus far (or not at all), in spite of the existence of a well-identified market failure. In these matters the bill opts for regulation. Neither part is intended to exhaust all of the proposed amendments: They both serve to underline a single idea, that runs like a red thread throughout the proposal; that is, if it ain't broke, don't fix it. If it is broke, fix it where it's broken.