tag:blogger.com,1999:blog-9208928.post3310314313079992954..comments2024-03-29T03:16:05.261-04:00Comments on Start Making Sense: Ronald Coase tributeDaniel Shavirohttp://www.blogger.com/profile/14710628584922961682noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9208928.post-50182511185658523272015-02-27T08:31:48.447-05:002015-02-27T08:31:48.447-05:00Coase’s work, among many other things, establishes...Coase’s work, among many other things, establishes a fundamental challenge to anyone working in my field of corporate reorganizations, the law dedicated to preserving financially distressed firms. Coase’s insight into the nature of the firm puts a natural limit on how much value a law of corporate reorganizations can bring. To make the case that a business has substantial value as a going concern and is worth saving, one must establish both that the business’s relationships are costly to replicate and that the business is itself sound.daganmdhttps://www.blogger.com/profile/03938124278520722736noreply@blogger.com