The youtube channel of the European Corporate Governance Institute has an interesting video of a discussion on “Minting Capital: The Role of the Corporation”. Professor Katharina Pistor of Columbia University discusses how corporate law can be used to generate wealth for the persons using this “legal code’ and how this can be seen as a legal subsidy.
This presentation develops the topics which Professor Pistor touched upon in her Heremans Lectures as Global Law Professor at the KU Leuven in 2016. She is working on an upcoming book on these topics