A new approach to corporate choice of law.

From: Vanderbilt Journal of Transnational Law | Date: January 1, 2005| Author: Dammann, Jens | Copyright information

ABSTRACT

The state of incorporation doctrine, which now applies both in the United States and in the European Community, allows corporations to choose the state law governing their internal affairs by incorporating in the appropriate state. Most scholars believe that this freedom to choose benefits both shareholders and society as a whole. Against this background, an obvious question is whether the state of incorporation doctrine is really the most efficient way of grant...

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