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Capitalism Before Corporations

Af: Prof Andreas Televantos Engelsk Paperback

Capitalism Before Corporations

Af: Prof Andreas Televantos Engelsk Paperback
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To what extent did English law facilitate trade before the advent of general incorporation and modern securities law? This is the question at the heart of Capitalism before Corporations. It examines the extent to which legal institutions of the Regency period, especially Lord Eldon''s Chancellorship, were sympathetic to the needs of merchants and willing to accommodate their changing practices and demands within established legal doctrinal frameworks and contemporary political economic thought. In so doing, this book probes at the heart of modern debates about equity, trusts, insolvency, and the justifiability of corporate privileges.Corporations are an integral part of modern life. We bank with corporations, we usually buy our groceries from them, and they provide us with most news and media. We take it for granted too that most large-scale business, and even much small-scale business, is carried out by corporations. Things were not always so. Televantos considers the Bubble Act of 1720, which criminalised the forming of corporations without a Royal Charter or Act of Parliament, its repeal in 1825, and the subsequent impact. Much of the modernisation of Britain''s industry therefore took place before general incorporation was allowed. Unaided by statute, traders had to create business organisations using the basic building blocks of private law: trusts, partnership, and agency.
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To what extent did English law facilitate trade before the advent of general incorporation and modern securities law? This is the question at the heart of Capitalism before Corporations. It examines the extent to which legal institutions of the Regency period, especially Lord Eldon''s Chancellorship, were sympathetic to the needs of merchants and willing to accommodate their changing practices and demands within established legal doctrinal frameworks and contemporary political economic thought. In so doing, this book probes at the heart of modern debates about equity, trusts, insolvency, and the justifiability of corporate privileges.Corporations are an integral part of modern life. We bank with corporations, we usually buy our groceries from them, and they provide us with most news and media. We take it for granted too that most large-scale business, and even much small-scale business, is carried out by corporations. Things were not always so. Televantos considers the Bubble Act of 1720, which criminalised the forming of corporations without a Royal Charter or Act of Parliament, its repeal in 1825, and the subsequent impact. Much of the modernisation of Britain''s industry therefore took place before general incorporation was allowed. Unaided by statute, traders had to create business organisations using the basic building blocks of private law: trusts, partnership, and agency.
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Produktdetaljer
Sprog: Engelsk
Sider: 224
ISBN-13: 9780198933632
Indbinding: Paperback
Udgave:
ISBN-10: 0198933630
Kategori: Erhvervsret
Udg. Dato: 27 okt 2024
Længde: 14mm
Bredde: 233mm
Højde: 157mm
Forlag: Oxford University Press
Oplagsdato: 27 okt 2024
Forfatter(e): Prof Andreas Televantos
Forfatter(e) Prof Andreas Televantos

Kategori Erhvervsret

ISBN-13 9780198933632

Sprog Engelsk

Indbinding Paperback

Sider 224

Udgave

Længde 14mm

Bredde 233mm

Højde 157mm

Udg. Dato 27 okt 2024

Oplagsdato 27 okt 2024

Forlag Oxford University Press

Kategori sammenhænge