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We use the history of private limited liability companies (PLLCs) to challenge two pervasive assumptions in the literature: (1) Anglo-American legal institutions were better for economic development than continental Europe’s civil-law institutions; and (2) the corporation was the superior form...
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shareholders in director and manager roles does not significantly affect the financial performance of fintech companies. Although … that fintech companies in which directors and managers are shareholders show slightly better performance than other fintech …
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