Le Bris, David; Goetzmann, William N.; Pouget, Sébastien - National Bureau of Economic Research - 2023
The origin of the modern publicly-held joint-stock company is typically traced to large-scale maritime trading … that the joint-stock company likely emerged in several times and places, in response to a similar set of needs and … the joint-stock company. We document the different legal genealogies of the various paths, their independence and their …