Corporate Finance, Incomplete Contracts, and Corporate Control

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Patrick Bolton;
  • Journal: Journal of Law, Economics, and Organization, volume 30, issue suppl_1, pages 64-64
  • Identifiers: doi: 10.1093/jleo/ewt010

This essay in celebration of Grossman and Hart (GH) (Grossman, S., and H. Oliver. 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," 94 Journal of Political Economy 691–719.) discusses how the introduction of incomplete contracts ... View more
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