Business OrganizationsU.S. Legal View Prof. Roger Meiners Spring 2013
Class Plan • Law and economics of forming a business • What are the incentive issues in different business entities? • What are the legal issues involved in different business entities? • International business issues: taxes, offshore financial centers, and currencies
Goals: Business Entities • Establish common baseline of knowledge of key business entities (corporations, partnerships, limited partnerships, LLCs). • Provide framework for analyzing business organizational issues.
# of Businesses Number of Businesses by Number of Employees U.S. Texas
Employment in Businesses U.S. Texas
Annual Business Payrolls U.S. Texas
Form of Organization Number of firms Employment
Form of Organization Manufacturing, # Firms, U.S. > 500 employees < 20 employees