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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Origins of Corporations: The Mills of Toulouse in the Middle Ages

Origins of Corporations: The Mills of Toulouse in the Middle Ages

Hardcover

EconomicsMedieval & Renaissance HistoryFrench History

ISBN10: 0300156480
ISBN13: 9780300156485
Publisher: Yale University Press
Published: Jul 14 2015
Pages: 520
Weight: 1.90
Height: 1.40 Width: 6.20 Depth: 9.30
Language: English
Fully modern corporations appeared in fourteenth-century Toulouse, much earlier than previously believed

Germain Sicard proves that Europe's first corporations were fourteenth-century mill companies operating in Toulouse, rather than seventeenth-century English and Dutch trading companies as commonly believed. He shows that the corporate form derives from a unique ownership contract from Medieval Europe called pariage, and a culture of strong property rights and municipal self-governance. Based on archival research, Sicard's 1952 thesis has been translated into English with an introduction that places the work in the context of new institutional economics and legal theory. It is an important contribution to research on the history and legal origins of the corporation.

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Economics