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...

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...

Robert Putnam hatte 1995 mit seinem Aufsatz "Bowling Alone" und seiner umfassenden Studie gleichen Titels im Sommer 2000 für Furore gesorgt, in denen er einen Verlust der gesellschaftlichen Bindekräfte und den Niedergang des bürgerschaftlichen Engagements, kurz: ein Schwinden des...