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Law, politics and the governance of English and Scottish joint-stock companies, 1600-1850

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Law, politics and the governance of English and Scottish joint-stock companies, 1600-1850. / Freeman, Mark; Pearson, Robin; Taylor, James.

In: Business History, Vol. 55, No. 4, 2013, p. 636-652.

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Freeman, Mark ; Pearson, Robin ; Taylor, James. / Law, politics and the governance of English and Scottish joint-stock companies, 1600-1850. In: Business History. 2013 ; Vol. 55, No. 4. pp. 636-652.

Bibtex

@article{0f000685c9af45f88f9a20079896aa30,
title = "Law, politics and the governance of English and Scottish joint-stock companies, 1600-1850",
abstract = "This article examines the impact of law on corporate governance by means of a case study of joint-stock enterprise in England and Scotland before 1850. Based on a dataset of over 450 company constitutions together with qualitative information on governance practice, it finds little evidence to support the hypothesis that common-law regimes such as England were more supportive of economic growth than civil-law jurisdictions such as Scotland: indeed, levels of shareholder protection were slightly stronger in the civil-law zone. Other factors, such as local political institutions, played a bigger role in shaping organisational forms and business practice.",
author = "Mark Freeman and Robin Pearson and James Taylor",
year = "2013",
doi = "10.1080/00076791.2012.741971",
language = "English",
volume = "55",
pages = "636--652",
journal = "Business History",
issn = "0007-6791",
publisher = "Taylor and Francis Ltd.",
number = "4",

}

RIS

TY - JOUR

T1 - Law, politics and the governance of English and Scottish joint-stock companies, 1600-1850

AU - Freeman, Mark

AU - Pearson, Robin

AU - Taylor, James

PY - 2013

Y1 - 2013

N2 - This article examines the impact of law on corporate governance by means of a case study of joint-stock enterprise in England and Scotland before 1850. Based on a dataset of over 450 company constitutions together with qualitative information on governance practice, it finds little evidence to support the hypothesis that common-law regimes such as England were more supportive of economic growth than civil-law jurisdictions such as Scotland: indeed, levels of shareholder protection were slightly stronger in the civil-law zone. Other factors, such as local political institutions, played a bigger role in shaping organisational forms and business practice.

AB - This article examines the impact of law on corporate governance by means of a case study of joint-stock enterprise in England and Scotland before 1850. Based on a dataset of over 450 company constitutions together with qualitative information on governance practice, it finds little evidence to support the hypothesis that common-law regimes such as England were more supportive of economic growth than civil-law jurisdictions such as Scotland: indeed, levels of shareholder protection were slightly stronger in the civil-law zone. Other factors, such as local political institutions, played a bigger role in shaping organisational forms and business practice.

U2 - 10.1080/00076791.2012.741971

DO - 10.1080/00076791.2012.741971

M3 - Journal article

VL - 55

SP - 636

EP - 652

JO - Business History

JF - Business History

SN - 0007-6791

IS - 4

ER -