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Author:Iwai, K.
Title:The nature of the business corporation: its legal structure and economic functions
Journal:Japanese Economic Review
2002 : SEP, VOL. 53:3, p. 243-273
Index terms:Corporate financial models
Corporate structure
Legislation
Language:eng
Abstract:Between a classical firm and a business corporation lies a fundamental difference in legal structure. The paper shows how two-tier ownership structure of the business corporation fundamentally affects the form of its organization, the ways and means of its governance and the efficiency of its performance.
SCIMA record nr: 238508
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