Abstract

http://ssrn.com/abstract=1907894
 
 

Footnotes (47)



 


 



Company Law, Lawyers and 'Legal' Innovation: Common Law versus Civil Law


Francisco Reyes


University of Fribourg, Universidad Javeriana

Erik P. M. Vermeulen


Tilburg University - Department of Business Law; Philips Lighting - Legal Department; Tilburg Law and Economics Center (TILEC); Kyushu University - Graduate School of Law

August 10, 2011

Lex Research Topics in Corporate Law & Economics Working Paper No. 2011-3

Abstract:     
In this essay we make two major claims. The first is that public legislatures should think seriously about giving maximum effect to the principle of freedom of contract in company law. This would not only give corporate lawyers the tool they need to provide legal services that match the needs of the current global business community, but also encourage legal experimentation. The second claim is that corporate lawyers in common law systems are more open to legal change and innovation than their civil law colleagues. The difference seems to lie in the more experimental nature of common law compared to civil law systems.

Number of Pages in PDF File: 39

Keywords: business entities, civil law, common law, company law, corporate lawyer, legal origin, innovation and entrepreneurship, LLC

JEL Classification: K20, K22, L22, L26, L51


Open PDF in Browser Download This Paper

Date posted: August 10, 2011 ; Last revised: July 6, 2012

Suggested Citation

Reyes, Francisco and Vermeulen, Erik P. M., Company Law, Lawyers and 'Legal' Innovation: Common Law versus Civil Law (August 10, 2011). Lex Research Topics in Corporate Law & Economics Working Paper No. 2011-3. Available at SSRN: http://ssrn.com/abstract=1907894 or http://dx.doi.org/10.2139/ssrn.1907894

Contact Information

Francisco Reyes
University of Fribourg, Universidad Javeriana ( email )
Colombia
Erik P.M. Vermeulen (Contact Author)
Kyushu University - Graduate School of Law ( email )
6-19-1, Hakozaki, Higashiku
Fukuoka, 812-8581
Japan
Tilburg University - Department of Business Law ( email )
Philips Lighting - Legal Department ( email )
Amstelplein 2
Amsterdam
Netherlands
Tilburg Law and Economics Center (TILEC)
Warandelaan 2
Tilburg, 5000 LE
Netherlands
Feedback to SSRN


Paper statistics
Abstract Views: 5,036
Downloads: 1,455
Download Rank: 8,349
Footnotes:  47
Paper comments
No comments have been made on this paper

© 2016 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollobot1 in 2.297 seconds