| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21335 |
| 来源ID | Working Paper 21335 |
| The Development of Corporate Governance in Toulouse: 1372-1946 | |
| David Le Bris; William N. Goetzmann; Sébastien Pouget | |
| 发表日期 | 2015-07-13 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We document a sequence of institutional innovations associated with the corporate form over the course of several centuries in Toulouse. Shareholding companies that began in the 11th century formally incorporated themselves into two large-scale, widely held firms by 1373. In the years that followed they experienced the economic challenges and conflicts we now recognize as inherent in the separation of ownership and control. Using new and existing archival research, we show how the Toulouse firms developed institutional solutions including tradable shares, limited liability, governing boards, cash payout policies, external audits, shareholder meetings and mechanisms for re-capitalization. |
| 主题 | Financial Economics ; Corporate Finance ; History ; Financial History ; Other History ; Development and Growth ; Development ; Other ; Economic Systems |
| URL | https://www.nber.org/papers/w21335 |
| 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/579007 |
| 推荐引用方式 GB/T 7714 | David Le Bris,William N. Goetzmann,Sébastien Pouget. The Development of Corporate Governance in Toulouse: 1372-1946. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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