Laws vs. contracts
legal origins, shareholder protections, and ownership concentration in Brazil, 1890-1950
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Author
Contributions
- Harvard Business School - Contributor
Publication
2008 - Harvard Business School, Boston, Massachusetts
Language
English
Word Count
9,750 words, Guess
Page Count
39 pages
Identifiers
- OCLC Control Number191879269
- Open LibraryOL48025864M
Description
The early development of large multidivisional corporations in Latin America required much more than capable managers, new technologies, and large markets. Behind such corporations was a market for capital in which entrepreneurs had to attract investors to buy either debt or equity. This paper examines the investor protections included in corporate bylaws that enabled corporations in Brazil to attract investors in large numbers, thus generating a relatively low concentration of ownership and control in large firms before 1910.
Subjects
Series Statement
- Working paper / Harvard Business School -- 08-053
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