Some libertarians oppose limited liability for shareholders of corporations because it distorts the incentives to reduce the risk of harm to third parties. I tend to lean in that direction although I can see the merit in some arguments in favour of limited liability.
Some libertarians oppose limited liability for shareholders of corporations because it distorts the incentives to reduce the risk of harm to third parties. I tend to lean in that direction although I can see the merit in some arguments in favour of limited liability.