A central question for corporate law scholarship has revolved around the ownership structure of enterprises. Why are some businesses owned by employees, some by customers, and some by investors? Until now, the question has centered on the relative benefits offered to these stakeholders by one form or another.
The Ownership of Clearinghouses: When Skin in the Game Is Not Enough, the Remutualization of Clearinghouses,
Yale J. on Reg.
Available at: https://digitalcommons.law.yale.edu/yjreg/vol34/iss2/5