| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10288 |
| 来源ID | Working Paper 10288 |
| Legal Regime and Business's Organizational Choice: A Comparison of France and the United States | |
| Naomi R. Lamoreaux; Jean-Laurent Rosenthal | |
| 发表日期 | 2004-02-09 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | In a recent series of articles, Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer, and Robert W. Vishny have argued that countries whose legal systems are based on civil law (especially of French origin) have systematically weaker environments for business than those whose legal systems are based on Anglo-American common law. This paper addresses that argument by exploring the responsiveness of French and U.S. law to the needs of business enterprises during the nineteenth century, when both countries were undergoing industrialization. We find that contracting environment in the U.S. was in fact neither freer nor more flexible than that in France during this critical period. Not only did U.S. law offer enterprises a more limited menu of organizational choices, but business people in the U.S. had much less ability to adapt the basic forms to meet their needs than their French counterparts. Nor is there any evidence that American law evolved more readily in response to economic change than French law. In both nations, major changes in the rules governing organizational forms required the passage of new statutes, and governmental institutions do not seem to have worked any more expeditiously in the U.S. than in France to improve the menu of choices. To the contrary, it was not until the late twentieth century that U.S. business obtained much the same degree of contractual freedom that their French counterparts had long taken for granted. |
| 主题 | Other ; Law and Economics ; History ; Other History |
| URL | https://www.nber.org/papers/w10288 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567916 |
| 推荐引用方式 GB/T 7714 | Naomi R. Lamoreaux,Jean-Laurent Rosenthal. Legal Regime and Business's Organizational Choice: A Comparison of France and the United States. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10288.pdf（378KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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