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An introduction： changing perspectives on corporate law and economics&Alessio M. Pacces 1

1 Delaware corporate law： failing law， failing markets&William J. Carney， George B. Shepherd and Joanna M. Shepherd 23

Comment - Comparing company law in Europe and the United States： some remarks inspired by Carney et al.’s presentation&Maarten J. Kroeze 68

2 Incorporating under European law： the Societas Europaea as a vehicle for legal arbitrage&Horst Eidenmuller， Andreas Engert and Lars Hornuf 82

Comment - Empirical law and economics： the Societas Europaea and its use within Europe&Patrick C. Leyens 117

3 Spillover of corporate governance standards in cross-border mergers and acquisitions&Marina Martynova and Luc Renneboog 122

Comment - Discussion of ‘Spillover of corporate governance standards in cross-border mergers and acquisitions’ by Marina Martynova and Luc Renneboog&Abe de Jong 182

4 Corporate governance - getting back to market basics&Henry G. Manne 188

Comment - Corporate governance and Coase’s legacy： a reply to Henry Manne&Alessio M. Pacces 202

5 Enforcement strategies in UK corporate governance： a roadmap and empirical assessment&John Armour 213

Comment on John Armour， ‘Enforcement strategies in UK corporate governance： a roadmap and empirical assessment’&Roberto Pardolesi 259

6 Marrying in the Cathedral： a framework for the analysis of corporate governance&Ugo Pagano 264

Comment - Can the firm be seen to emerge out of a pincer movement of effciency pressures？&J. （Hans） van Oosterhout 290

Index 299