The diffusion and impact of the corporation in 1910

James Foreman-Peck and Leslie Hannah
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Leslie Hannah: University of Tokyo

No 13007, Working Papers from Economic History Society

Abstract: "With new and comprehensive data on the international spread of both listed and unlisted companies/corporations before the First World War this paper shows that common and Scandinavian civil law countries dominated the process. Official religious adherence and political regime – with the exception of membership of the British Empire - independently contributed little. Despite the possibilities they created for fraud and exploitation companies raised productivity. These conclusions generate another; that the British Empire, as a vehicle for the spread of common law where companies were concerned, on balance raised GDP per head for subject colonies as well as for dominions, compared with a French civil law regime and a fortiori with non-European corporate regulation."

JEL-codes: N00 (search for similar items in EconPapers)
Date: 2013-04
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The diffusion and impact of the corporation in 1910 (2015)
Working Paper: The diffusion and impact of the corporation in 1910 (2014)
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