Winning legally
Subtitle: how legally astute management teams can use the law to create and capture value
By: Constance E. Bagley
Contributors: Harvard Business School. Division of Research
Edition: Rev.
Series: Working paper / Division of Research, Harvard Business School -- 05-020; Working paper (Harvard Business School. Division of Research) -- 05-020
Publisher: Division of Research, Harvard Business School
Published: 2005
Place of publication: Boston
Language: eng
Number of pages: 56
Subjects: Commercial law
Description: This paper posits that law and the tools it offers are an enabling force legally astute management teams can use to manage the firm more effectively. In particular, it proposes that legally astute management teams can, inter alia, use formal contracts as complements to relational governance to define and strengthen relationships and reduce transaction costs, enhance the realizable value of knowledge assets and certain other resources, and engage in what this paper calls "strategic compliance management," whereby managers go beyond compliance with the letter of the law both to avoid more onerous government regulation and to convert contraints into opportunities.
Notes: "Rev. 06/05."

Previous ed.: The value of actively managing the legal dimensions of business. c2004.

Includes bibliographical references.