19 research outputs found

    The development of the corporation in England, with emphasis on limited liability

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    Traces the evolution of the corporation in England, from Greco-Roman times to the Joint Companies Act of 1862. The evolution suggests a supply of the corporate form that responded to the demands of the marketplace. With the growing specialization of labour in the markets, the corporate form came to be more specialized itself, ending with the enactment of universally available limited liability incorporation
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