Along with some other folks:
The contractarian theory of the corporation envisions the firm as a nexus of explicit and implicit contracts.155
155 See, Stephen M. Bainbridge, Community and Statism: A Conservative Contractarian Critique of Progressive Corporate Law Scholarship, 82 Cornell L. Rev. 856, 859 (1997) (“'[C]ontractarians’ model the firm not as a single entity, but as an aggregate of various inputs acting together with the common goal of producing goods or services.”); ...
NEW ENTERPRISE ASSOCIATES 14, L.P .v. GEORGE S. RICH, SR., 022-0406-JTL, 2023 WL 3195927, at *34 n.155 (Del. Ch. May 2, 2023).