Capitalism Before Corporations: The morality of business associations and the roots of commercial equity and law

Awards:   Winner of Winner of 2021 Society of Legal Scholars Peter Birks Prize for Outstanding Legal Scholarship.
Author:   Andreas Televantos (Hanbury Fellow and Tutor in Law, Hanbury Fellow and Tutor in Law, Lincoln College, Oxford)
Publisher:   Oxford University Press
Edition:   1
ISBN:  

9780198870340


Pages:   226
Publication Date:   03 December 2020
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Capitalism Before Corporations: The morality of business associations and the roots of commercial equity and law


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Awards

  • Winner of Winner of 2021 Society of Legal Scholars Peter Birks Prize for Outstanding Legal Scholarship.

Overview

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.

Full Product Details

Author:   Andreas Televantos (Hanbury Fellow and Tutor in Law, Hanbury Fellow and Tutor in Law, Lincoln College, Oxford)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Edition:   1
Dimensions:   Width: 16.50cm , Height: 1.70cm , Length: 24.00cm
Weight:   0.498kg
ISBN:  

9780198870340


ISBN 10:   0198870345
Pages:   226
Publication Date:   03 December 2020
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

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Reviews

[A] thought-provoking text which will be of interest to academics and postgraduate students in partnership law, the law of trusts, or the history of commercial and company law in England. * Elspeth Berry, Reader in Law, Nottingham Trent University, The Partnership, LLP and LLC Law Forum *


Author Information

Andreas Televantos is an Associate Professor at the University of Oxford Law Faculty, and the Hanbury Fellow and Tutor in Law at Lincoln College. His research focusses on trusts, fiduciaries, equitable remedies, and legal history.

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