Legal institutions, social norms, and entrepreneurship in Britain (c.1890–c.1939) 1
Bibliographic Data
| ID | 20648967 |
|---|---|
| Authors | Paolo Di Martino (0000-0002-9030-9014, corresponding author) |
| Year | 2012 |
| Volume | 65 |
| Issue | 1 |
| Pages | 120-143 |
| Publication date | 2012-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0013-0117 • E-ISSN: 1468-0289 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-0289.2010.00601.x |
| OpenAlex | W2107183129 |
| Language | EN |
| Citations received | 5 |
| References cited | 32 |
This article analyses the functioning of debt‐discharge procedures in England and Wales in the light of the debate on entrepreneurial failure in the years between the late Victorian age and the interwar period. Using an original dataset and an empirical approach, it is argued that social norms, cultural elements, and class considerations influenced the outcome of decisions in a way that could have reduced the incentives for economic agents to engage with productive activity. Results show that over the entire period judges paid disproportionate attention to moral issues, and often gave lighter sentences to members of the elite who went into bankruptcy for personal reasons, and tougher ones to entrepreneurs who failed because of engagement with economic activity
Bankruptcy · Debt · Economics · Elite · Entrepreneurship · Incentive · Market economy · Period (music) · Political science · Sociology · Finance · Historical Economic and Social Studies · Law · Law, Economics, and Judicial Systems · Legal principles and applications
The Decline of the British economy
Firms, Contracts, and Financial Structure
Legal Regime and Contractual Flexibility
English Culture and the Decline of the Industrial Spirit, 1850–1980
Institutions and the Path to the Modern Economy
Institutions and the Path to the Modern Economy. Lessons from Medieval Trade, Avner Greif, Cambridge, Cambridge UP, 2006
Investor protection and corporate governance
La Faillite en droit Anglo-Saxon
Law and Finance
Clogs to Clogs in Three Generations? Explaining Entrepreneurial Performance in Britain Since 1850
Can Civil Law Countries Get Good Institutions? Lessons from the History of Creditor Rights and Bond Markets in Brazil
From damnation to redemption
The Character of Credit
Industrial Structure, Capital Markets and the Origins of British Economic Decline
Approaching Disaster
Wealth Making in Nineteenth-and Early Twentieth-Century Britain
Law, Economy and Society 1750-1914
The Resurgent County Court in Victorian Britain
"Gentlemanly Capitalism" and British Industry 1820-1914
Class Law in Victorian England
Crooks, thieves, and receivers
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,38 |
| Citation span | 2013 - 2022 (10) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |