The Yale Law Journal

Reinier Kraakman

Article

The Essential Role of Organizational Law

Henry Hansmann & Reinier Kraakman

110 Yale L.J. 387 (2000)

In every developed market economy, the law provides for a set of standard-form legal entities. In the United States, these entities include, among others, the business corporation, the cooperative corporation, the nonprofit corporation, the municipal corporation, the limited …