Limited Liability
rules that protect owners/investors of a BigCo from being punished for its actions (including, from paying off its debt if the corporation runs out of money) (Liability)
Stephen Bainbridge on Veil Piercing.
Tim Oren http://due-diligence.typepad.com/blog/2004/09/why_is_sharehol.html
http://econlog.econlib.org/archives/2013/01/hummel_on_moss.html
Vinay Gupta wonders how big a Subsidy this is.
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