Share ownership and the introduction of no liability legislation in nineteenth-century Australia
Datos Bibliográficos
| ID | 6043735 |
|---|---|
| Autores | Grant Fleming (0000-0001-6652-5588, Continuity Capital Partners), Zhangxin Liu (0000-0001-9962-3854, The University of Western Australia), David Merrett (0000-0003-0904-0474, The University of Melbourne), Ville (0000-0001-8314-6002, University of Wollongong, autor de correspondencia) |
| Año | 2025 |
| Volumen | 67 |
| Número | 3 |
| Páginas | 711-737 |
| Fecha de publicación | 2025-04-03 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Business History (JOURNAL) |
| Identificadores de la revista | ISSN: 0007-6791 • E-ISSN: 1743-7938 |
| Editorial | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00076791.2023.2276774 |
| OpenAlex | W4389135120 |
| Idioma | EN |
| Citas recibidas | 1 |
| Referencias citadas | 37 |
The no liability company – where investors are not liable for uncalled parts of their shares – is unique to Australasia. Deploying a large dataset, we provide the first empirical examination of the effects of this new corporate type on company formation and shareholding. Victorian gold mining was the earliest and most pervasive user of no liability. No liability companies largely replaced limited liability within a decade of the legislation in 1871, which was more rapid than the transition from unlimited to limited liability companies in several other nations. No liability firms attracted a broader range of investors, geographically beyond the mining districts, and amongst occupations most conscious of their benefits, especially gentlemen and financiers who believed they were less risky because of the removal of call liabilities and the mitigation of previous regulatory failures. No liability was a response to the high risks of gold mining in an itinerant early settler society
Boom · Business · Corporate governance · Legislation · Liability · Limited liability · Political science · Shareholder · Accounting · Australian History and Society · Finance · Historical Economic and Social Studies · Law
Boom and Bust
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The Cambridge Economic History of Australia
Investment in Australian Economic Development, 1861–1900
Creating a Historical International Standard Classification of Occupations An Exercise in Multinational Interdisciplinary Cooperation
Supply-Side Shocks
Property rights and institutional change during Australia's gold rush
The death blow to unlimited liability in Victorian Britain
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Occupational Mobility in Nineteenth-Century America
A Theory of Mineral Discovery
Questioning ‘law and finance’
Does the law and finance hypothesis pass the test of history
Assessable stock and the Comstock mining companies
Work in the Financial Services Industry and Worker Monitoring
Strapping, as well as numerate
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The Formative Years of the Modern Corporation
The Bull, the Bear and the Kangaroo
The Politics of Work
Scale and scope
Wider share ownership
The character and denomination of shares in the Victorian equity market1
Australian squatters, convicts, and capitalists
The Denomination and Character of Shares, 1855-1885
The Rush That Never Ended, a History of Australian Mining
| Obras citantes distintas | 1 |
|---|---|
| Citas por año | 1 |
| Intervalo de citas | 2025 - 2025 (1) |
| Velocidad de citación | recent |
| Altamente citado | No |
| Tipos de cita | Neutras: 1 |