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

Bibliographic Data

ID8419792
AuthorsMark Freeman (0000-0003-4521-2720, University of Glasgow, corresponding author), Robin Pearson (University of Hull), James Taylor (0000-0001-8246-7074, Lancaster University)
Year2013
Volume55
Issue4
Pages636-652
Publication date2013-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076791.2012.741971
OpenAlexW2065624277
LanguageEN
Citations received6
References cited23

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

Business · Business practice · Common law · Corporate governance · Corporate law · Economics · Joint-stock company · Political economy · Political science · Politics · Shareholder · Stock (firearms · Accounting · Corporate Finance and Governance · Corporate Taxation and Avoidance · Finance · History · Islamic Finance and Banking Studies · Law

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Unique citing works6
Citations per year0,6
Citation span2016 - 2026 (11)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 6
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