The personality of the corporation and the state (1905)

W. Jethro Brown

Journal of Institutional Economics, 2008, vol. 4, issue 2, 255-273

Abstract: Although there is now a thriving subdiscipline of economics and law, so far economists working on the theory of the firm have paid relatively little attention to earlier legal doctrines. One neglected juridical school of thought is the ‘real entity’ theory developed by William Jethro Brown (1868–1930) and others. Some writers have recently suggested that this has implications for our understanding of the nature of the firm.

Date: 2008
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