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What are the advantages and drawbacks of this approach as

1. One model of the corporation common in popular discourse but not discussed here is corporate democracy. Analyze this model with an eye to what the chapter calls "identifying and isolating" the normative commitments embedded in it.

2. As Bratton (1989) points out, corporate law doctrine has avoided committing itself to any one essentialist model of the corporation. What are the advantages and drawbacks of this approach as compared to the theoretical search for a single unifying model?

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Corporate Finance: What are the advantages and drawbacks of this approach as

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