Vai al contenuto principale
Oggetto:
Oggetto:

CORPORATE AND INSOLVENCY LAW FOR ECONOMICS

Oggetto:

CORPORATE AND INSOLVENCY LAW FOR ECONOMICS

Oggetto:

Academic year 2023/2024

Course ID
SEM0138
Teachers
Maurizio Irrera (Lecturer)
Irene Pollastro (Lecturer)
Year
2nd year
Teaching period
First semester
Type
Distinctive
Credits/Recognition
6
Course disciplinary sector (SSD)
IUS/04 - business Law
Delivery
Formal authority
Language
English
Attendance
Optional
Type of examination
Written
Oggetto:

Sommario del corso

Oggetto:

Course objectives

After a brief introduction regarding Law & Economics methods and their first and most common application to competition law, the course will focus on the functional and economic issues related to corporate and insolvency law. In particular, it will point out the common structure and core features of corporate law across jurisdictions; then, it will explore the role of corporate law in minimizing coordination and agency problems: noted that the exigencies of commercial activity and organization present practical problems that are roughly similar in market economies throughout the world, the analysis will focus on the ways in which corporate laws respond to these problems, and the various forces that have led different jurisdictions to choose roughly similar solutions to them.

Oggetto:

Results of learning outcomes

1) Knowledge and understanding ability.

The objective of the course is to develop graduate students' abilities in acquiring a better understanding of the rules of law as a response to economic issues.

2) Capability to apply knowledge and understanding

The course aims at fostering the students' understanding of the methodological issues involved in Law & Economics studies.

3) Capability to approach the subject in a critical manner

By the end of the course, students are expected to have increased their ability to critically assess the solutions given by law to economic problems.

4) Communication abilities

Students will be required to communicate using the technical language of Law & Economics.

5) Learning ability

The course aims at fostering the students' ability to identify economic problems and policy issues and to assess what the best regulatory solutions to them could be.

Oggetto:

Program

Law & Economics method: introduction

Applications to competition law:

collusion and cartels

abuse of a dominant position

concentrations between undertakings

Applications to corporate and insolvency law:

common structure of corporate law

legal strategies to address economic issues

governance mechanisms in ordinary business decisions

agency problem between shareholders and managers

agency problem between majority and minority shareholders

corporation's transactions with creditors

agency problem between firm and creditors - during bankruptcy

related-party transactions

structural fundamental changes (e.g. charter amendments, mergers or acquisitions)

control transactions

securities regulation of public markets

Oggetto:

Course delivery

Teacher's lectures

Students' presentations

Oggetto:

Learning assessment methods

Written exam at the end of the course (and possible midterm test).

Suggested readings and bibliography



Oggetto:
Book
Title:  
The Anatomy of Corporate Law: A Comparative and Functional Approach
Year of publication:  
2017
Publisher:  
Oxford University Press
Author:  
Kraakman, Reinier (et al.)
ISBN  
Notes:  
E-book accessibile su https://www-oxfordscholarship-com.bibliopass.unito.it/view/10.1093/acprof:oso/9780198739630.001.0001/acprof-9780198739630?rskey=2MEF9I&result=1
Required:  
Yes
Oggetto:



Enroll
  • Open
    Oggetto:
    Last update: 28/03/2024 13:30
    Location: https://www.economics.unito.it/robots.html
    Non cliccare qui!