Boardroom Scandal

Boardroom Scandal
Author: James Taylor
Publisher: Oxford University Press, USA
Total Pages: 311
Release: 2013-04-25
Genre: Business & Economics
ISBN: 0199695792

Should businessmen who commit fraud go to prison? This question has been asked repeatedly since 2008. It was also raised in nineteenth-century Britain when the spread of corporate capitalism created enormous new opportunities for dishonesty. Historians have presented Victorian Britain as a haven for white-collar criminals, beneficiaries of a prejudiced criminal justice system which only dealt harshly with offences by the poor. Boardroom Scandal challenges these beliefs. Based on an unparalleled sample of legal cases - many examined here for the first time - James Taylor presents a radical new interpretation of the relationship between capitalism and the law. Initially, there were no criminal sanctions against publishing false prospectuses, concealing losses in balance sheets, and even misappropriating company money. But parliament became convinced of the need to criminalize these practices to protect the culture of stock market investment on which mid-Victorian prosperity increasingly rested. Persuading judges to play along was harder, with many invoking the principle of caveat emptor to exonerate defendants. But by the end of the century, successful prosecutions of company executives were commonplace. These trials performed multiple functions: they stabilized confidence in times of crisis; they dramatized the class blindness of the law; and they were increasingly seen as essential as faith in a self-regulating economy ebbed. The criminalization of fraud, therefore, has far-reaching implications for our understanding of nineteenth-century Britain. It also has relevance today in light of the on-going economic crisis and the issues it raises regarding business ethics and the role of the state.

Parliamentary Papers

Parliamentary Papers
Author: Great Britain. Parliament. House of Commons
Publisher:
Total Pages: 554
Release: 1904
Genre: Bills, Legislative
ISBN:

Research Handbook on Shareholder Inspection Rights

Research Handbook on Shareholder Inspection Rights
Author: Randall S. Thomas
Publisher: Edward Elgar Publishing
Total Pages: 473
Release: 2023-05-09
Genre: Law
ISBN: 1800377746

Shareholder inspection rights form an important tool for shareholder protection. They offer shareholders seeking information private access to specific books and records of the company that are otherwise not publicly available. While there has been a discourse on the topic in some jurisdictions such as Delaware (USA), it has not received scholarly treatment at an international level. This Research Handbook seeks to alter that, and signifies the first endeavor to engage in a comprehensive and comparative analysis of shareholder inspection.

Sessional Papers

Sessional Papers
Author: Great Britain. Parliament. House of Commons
Publisher:
Total Pages: 252
Release: 1895
Genre: Great Britain
ISBN:

The Sessional Papers are also known generally as the Parliamentary Papers. Until 1969, the Sessional Papers were grouped and published as Bills (legislative drafts), Reports of Committees/Reports of Commissions, and Accounts and Papers (statistics, census data, etc.). Since 1969 the Sessional Papers have been published under Bills, House Papers, and Command Papers. The Sessional Papers will include census data, statistical information and abstracts, and correspondence from officials.

Legal Regulation of British Company Accounts 1836-1900 (RLE Accounting)

Legal Regulation of British Company Accounts 1836-1900 (RLE Accounting)
Author: J R Edwards
Publisher: Routledge
Total Pages: 428
Release: 2014-02-05
Genre: Business & Economics
ISBN: 1134706324

In the UK today the form and content of accounts published by limited companies are closely regulated. In the 19th century the position was different: the popular view was that such matters were for private negotiation between owners and management. Nevertheless, there was a great deal of discussion of the need for regulations, which were actually imposed in a number of areas. This book provides readers with the essence of the many debates that took place, the conclusions reached and the action taken to regulate company accounts.

The Making of the Modern Company

The Making of the Modern Company
Author: Susan Watson
Publisher: Bloomsbury Publishing
Total Pages: 384
Release: 2022-05-19
Genre: Law
ISBN: 1509923632

This book adopts a historical perspective to highlight, and bring back into focus, the key features of the modern company. A central argument in the book is that legal personhood attaching to an entity containing a corporate fund seeded by shareholders is a direct and inevitable consequence of limited liability and the company's status as a separate legal entity from its shareholders. Management by a board subject to legal duties to the company as an entity that can exist in perpetuity facilitates a long term perspective by the board that can accommodate both shareholder and stakeholder interests. These defining characteristics differentiate the modern company from other business forms. The Making of the Modern Company applies a 21st-century lens to the corporation through its history to identify turning points in its development. It sets out how key features emerged in the course of two separate developmental cycles in English corporate law: first with the English East India Company in the 17th century, and then with general incorporation statutes in the 2nd half of the 19th century. The book's historical perspective highlights that the key features are part of the 'secret sauce' of modern companies. Each cycle coincided with unparalleled periods of economic success associated with corporate activity This book will be of interest to corporate law and governance academics, theorists and practitioners, those who study the company from related disciplines, and anyone who questions why uncertainty still exists about the structure of a legal form that has been described as 'amongst mankind's greatest inventions'.