Construct · 1 fields · 1 citations

race to the bottom: a standalone construct

One name. One construct. A landmark on the map.

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race tothe bottom1 CONSTRUCTRace to the bottomCARY · CORPORATE LAW

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Corporate law

the claim that states compete for incorporations by loosening protections for shareholders.

In corporate law, race to the bottom refers to the claim that states compete for incorporations by loosening protections for shareholders. This meaning comes from Cary (1974) in The Yale Law Journal.[1]

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References

  1. Cary, W. L. (1974). Federalism and Corporate Law: Reflections upon Delaware. The Yale Law Journal, 83(4), 663. https://doi.org/10.2307/795524

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