The paper addresses how corporate ownership influences and constrains managerial decision-making in industrial relations and HRM. The specific focus is stock-market listed companies, and the argument that the ownership of these firms tends to be associated with various labour management...

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...