Sample Corporate Law Research Paper. Browse other research paper examples and check the list of research paper topics for more inspiration. iResearchNet offers academic assignment help for students all over the world: writing from scratch, editing, proofreading, problem solving, from essays to dissertations, from humanities to STEM. We offer full confidentiality, safe payment, originality, and money-back guarantee. Secure your academic success with our risk-free services. The term ‘corporate law’ refers to the body of legal rules that govern the creation, life, and extinction of business corporations. Generally speaking, a corporation is a particular type of business firm that is designed to address certain fundamental and universal economic exigencies, primarily the need for entrepreneurs to obtain capital. Thus, it is possible to consider generally the framework of matters regulated by corporate law, even though the nuances of specific countries’ corporate law will depend on the distinctive features of their legal systems, histories, and traditions. An understanding of corporate law must begin by examining the general problems of the theory of the firm, which defines the financing, managing, and/organizing needs of business enterprises generally. With this background, it is possible in the second part to examine some basic features of corporate law— including the limited liability of shareholders and the contractual nature of corporate enterprises—and to consider the regulatory competition among corporate law policy makers. In the third section, internal organizations problems will be discussed, in particular the separation of ownership and control and the consequent issues of corporate governance. Finally, the fourth and final section will address the regulation of the financial structure of the corporation, specifically the problems raised by bonds issuance and the role of financial markets such as the market for corporate control. 1. The Theory Of The Firm And Corporation The reason why business ventures in modern economies are carried on by organized firms, instead of by individuals, is best understood through the theory of transaction costs (Coase 1937). The basic insight of this theory is that through the firm, it is possible to transform part of the transaction costs of running a business into what might be called control costs or agency costs. A useful example is the employer– employee relationship. Imagine that an entrepreneur has two possible choices to accomplish a particular task. Either the entrepreneur can buy the required service from an independent provider (contracting on the market), or he can hire an employee (creating an organization) to perform the same service. Under the first option, the entrepreneur must draft a detailed contract that specifies the relationship between the parties. Creating a separate contract involves significant expenditures of time and money to draft, monitor and possibly enforce the agreement. In economic parlance, these expenses are called ‘trans-action costs.’ These transaction costs will be further increased every time the entrepreneur must negotiate a new agreement for a different service from a different provider. Under the second option, if the entrepreneur hires an employee to perform the necessary services, his transaction costs will go down. An The post Corporate Law Research Paper appeared first on iResearchNet .