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Using ownership and control data for 890 firm-years, this paper examines the concentration of capital and voting rights in British companies in the second half of the nineteenth century. We find that both capital and voting rights were diffuse by modern-day standards. This implies that ownership...
Persistent link: https://www.econbiz.de/10010235904
During the second half of the eighteenth century, the Ottoman policy-makers adopted a more liberal attitude towards price formation. This was accompanied by the fiscal and administrative centralization of the grain trade. These seemingly contradictory policy changes could, in part, be explained...
Persistent link: https://www.econbiz.de/10009130691
I present a theory to account for the emergence of land rights in a subsistence agricultural economy. An important feature is that, to maximize tax revenue, an authoritarian state must devise land rights to overcome the informational constraint in registering the population for tax collection....
Persistent link: https://www.econbiz.de/10012262370
This paper sketches a plan for developing a conceptual framework capable of reconstructing and analyzing the recorded history of CSR practice in the context of economic history. To this end, the paper combines Axel Leijonhufvud’s conceptual thoughts on the economic conditions during and after...
Persistent link: https://www.econbiz.de/10011755037