On the Legal Origins of Corporations and The Quest For the Theory of the Firm  (I)

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6 janvier 2020

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Marc Jacquinet, « On the Legal Origins of Corporations and The Quest For the Theory of the Firm  (I) », Critique du management, ID : 10.58079/ne2f


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  Marc Jacquinet   Parallel to (and beyond) the debate over the theory of the firm and the market there is an important feature of the definition of the firm as an institution based, among other aspects, on legal elements, what has been called the legal basis of the firm. Paraphrasing Oliver Williamson, before there were markets and firms, there were organizations, institutions and groups. Law, broadly construed, was a component of the emergence of organizations (either for religious, commer...

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