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• W2069698936 startingPage "439" @default.
• W2069698936 abstract "Only in 1931 was the California Corporate Code revised to provide for limited liability. In earlier work I found that this move had no detectable effect on shareholder wealth. In this article I examine the potential beneficiaries of this change with an eye toward finding out who wanted this change. Using this historical example we can shed light on a number of issues including: (1) the economic impact of limited liability; (2) the role of lawyers, especially lawyers of high prestige, in determining the law; and (3) the competition or lack thereof among states in designing their corporate codes." @default.
• W2069698936 created "2016-06-24" @default.
• W2069698936 creator A5006383263 @default.
• W2069698936 date "2005-01-01" @default.
• W2069698936 modified "2023-10-18" @default.
• W2069698936 title "Limited Liability in California 1928–31: It’s the Lawyers" @default.
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• W2069698936 doi "https://doi.org/10.1093/aler/ahi013" @default.
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