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The development of the corporation in England, with emphasis onlimited liability

Traces the evolution of the corporation in England, from GrecoRoman times to the Joint Companies Act of 1862. The evolution suggests a supply of the corporate form that responded to the demands of the marketplace. With the growing specialization of labour in the markets, the corporate form came to b...

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Bibliographic Details
Published in:International journal of social economics 1995-04, Vol.22 (4), p.20-32
Main Authors: Gillman, Max, Eade, Tim
Format: Article
Language:English
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Online Access:Get full text
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Summary:Traces the evolution of the corporation in England, from GrecoRoman times to the Joint Companies Act of 1862. The evolution suggests a supply of the corporate form that responded to the demands of the marketplace. With the growing specialization of labour in the markets, the corporate form came to be more specialized itself, ending with the enactment of universally available limited liability incorporation.
ISSN:0306-8293
DOI:10.1108/03068299510084582