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Article

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A Non-Bureaucratic Alternative to Minority Stockholders’ Suits, 43 Columbia Law Review 1036 (1943)

Abstract

Minority stockholders' suits have a bad name not only because they disturb the tranquility of those in control of corporations and confuse credit raters but because they are often an instrument of more or less genteel blackmail. The existing alternatives to this procedure, however, are full of menace to any society of free private enterprise. These alternatives are "bureaucratic" in the sense that they are continually extending the power of government officials over economic life.

Date of Authorship for this Version

1943

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