Before 1804, France was strictly divided in terms of legal regimes: a part was under Roman civil law while the majority … of the territory was under customary laws which, as with common law, gave more flexibility to judges and fewer rights to …. Fiscal and census data from 1801-1821 show the absence of any negative impact of the civil law either on the whole of France …

findings indicate that common law countries offer a more beneficial environment for cross-listing strategies, as they … demonstrate greater value relevance in financial statements compared to civil law countries. Specifically, our results show that … both Profit or Loss and Balance Sheet items are more relevant in common law countries compared to civil law countries. …

Common law and civil law property appear to be quite different, with the former emphasizing pieces of ownership called … architecture, including exclusion rights, in rem status, and running to successors. Where civil law and common law differ is in … law and Roman-inspired holistic dominion in civil law. This transaction cost explanation for the functional similarities …