文档介绍：Yale Law School
Program for Studies in Law,
Economics, and Public Policy

Law and Economics Working Paper No. 235

New York University
Center for Law and Business

Law and Economics Working Paper No. 013

Harvard Law School
John M. Olin Center for Law, Economics, and Business

Discussion Paper No. 280

Yale
International Center for Finance

Working Paper No. 00-09

The End of History for Corporate Law

January 2000

Henry Hansmann and Reinier Kraakman

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THE END OF HISTORY FOR CORPORATE LAW
Henry Hansmann
Yale Law School
Visiting, NYU School of Law
Reinier Kraakman
Harvard Law School
January 2000
Comments e. Send correspondence to:
Henry Hansmann Reinier Kraakman
NYU School of Law, Room 335 Harvard Law School
40 Washington Square South Cambridge, MA 02138
New York, NY 10012 617-496-3586
212-998-6132 617-496-6118 fax
212-995-4763 fax ******@
henry.******@
Earlier drafts of this essay were presented at conferences entitled “Are Corporate
Governance Systems Converging?” held at Columbia Law School, December 5,
1997, and “Convergence and Diversity in Corporate Governance Regimes and
Capital Markets,” sponsored by Tilburg University in Eindhoven, herlands,
on November 4 - 5, 1999. We both wish to thank the New York University School of
Law and its Dean, John Sexton, for generous support in this project while both
authors were visiting professors.
The End of History for Corporate Law
by
Henry Hansmann
Yale Law School
Reinier Kraakman
Harvard Law School
ABSTRACT
Despite the apparent divergence in institutions of governance, share ownership,
capital markets, and business culture across