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The Corporate Form as a Solution to a Discursive Dilemma

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Author Info
Edward B. Rock
Abstract

I examine the connection between the discursive dilemma and corporate law. The discursive dilemma (or doctrinal paradox) is a distinctive social choice problem that was first identified by Kornhauser and Sager and later used as the basis for a theory of organizational personality by Pettit. I examine the ways in which the corporate form prevents the emergence of the discursive dilemma in the firm context and the extent to which the presence of the discursive dilemma can provide the foundation for a theory of corporate personality.

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Publisher Info
Article provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.

Volume (Year): 162 (2006)
Issue (Month): 1 (March)
Pages: 57-71
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Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200603)162:1_57:tcfaas_2.0.tx_2-j

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Related research
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Find related papers by JEL classification:
D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
K20 - Law and Economics - - Regulation and Business Law - - - General
K22 - Law and Economics - - Regulation and Business Law - - - Corporation and Securities Law
L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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