In the United States the use of economics has had a dramatic influence on the study of corporate law. Professor Cheffins's book is the first in the United Kingdom to use economics to discuss in a systematic fashion company law issues. Company Law: Theory, Structure and Operation addresses a series of important questions which have not been analysed in detail elsewhere and examines in a fresh manner topics which are familiar to those interested in companylaw. It is an ideal book from which to teach company law in a fashion which is theoretically stimulating; at the same time it covers the core areas of the company law syllabus and will therefore be helpful to the average student as well as demanding for the more ambitious ones.