Want To Reduce The Costs Of Controlling Cheating By Corporate Agents? Paper Suggests Incorporating In Nevada

Last month, I mentioned a recent article by Professor Michal Barzuza which described Nevada as applying “a strikingly lax corporate law to its corporations”.  Michal Barzuza, Market Segmentation: The Rise of Nevada as a Liability-Free Jurisdiction, 98 Va. Law Rev. 935 (2012).  Now, Professor Bruce Kobayashi and the late Professor Larry Ribstein have published an article that