A further reply to Jean-Philippe Robé on the firm

Simon Deakin, David Gindis and Geoffrey Hodgson ()

Journal of Institutional Economics, 2022, vol. 18, issue 4, 703-706

Abstract: Despite agreement on many points, including our shared insistence that ‘corporation’ and ‘firm’ are different concepts, Jean-Philippe Robé still maintains that they are mutually exclusive: no corporation is a firm, and no firm is a corporation. In contrast, we follow standard nomenclature when we point out that all (business) corporations are firms, but some firms are not corporations. We show here that this is a standard practice among lawyers writing in leading law journals and note that Robé seems to have abandoned the task of defining the firm.

Date: 2022
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