The History of Emergence and Development of Corporate Law

Key Points

• This paper aims to explore the historical development and transformation of corporate law from its origins to its present state.
• Examined historical texts and legal documents related to corporate law.
• Analyzed the evolution of state-granted charters and their impact on enterprise formation.
• Reviewed national models to compare financing and governance practices.
• Corporate law evolved from limited charters to a key framework for large businesses.
• The nineteenth century marked significant changes driven by economic needs and legal advancements.
• Divergence in national models has occurred, particularly in governance and funding approaches.

Abstract