Sylla, Richard; Wright, Robert E. - In: Business History 55 (2013) 4, pp. 653-669
Between 1790 and 1860, US state governments chartered 22,419 businesses, with minimum authorised capital totalling $4.58 billion, by special statute. The US, in both total and per capita terms, had considerably more corporations and authorised corporate capital than the UK, France or Prussia did...