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The Clarendon Law Lectures 2: Finance – A Double-Edged Sword

Finance is a critical ingredient for all enterprises. It is well established that early on most rely on family on friends, and occasionally on local banks. Scaling size and operations, however, often requires external funding in addition to retained earnings. NCEs face the dilemma of securing funding but without relinquishing control of their mission or preferred governance structure – a task that is not impossible, but difficult in the existing ecology of finance.

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May 17

The Clarendon Law Lectures 1: The Law of Non-Capitalist Enterprises (NCE)

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May 21

The Clarendon Law Lectures 3: Rethinking the Theory of the Firm