Abstract

http://ssrn.com/abstract=873716
 
 

Citations



 


 



Evolution of Corporate Law and the Transplant Effect: Lessons from Six Countries


Katharina Pistor


Columbia University School of Law

Yoram Keinan


Ernst & Young

Jan Kleinheisterkamp


London School of Economics - Law Department

Mark D. West


University of Michigan Law School


World Bank Research Observer, Vol. 18, No. 1, pp. 89-112, Spring 2003

Abstract:     
The pattern of legal change in countries that have their legal systems transplanted from abroad differs markedly from countries that develop their own systems, irrespective of the legal family from which their laws come. In transplant countries, law often stagnates for long periods of time; when change takes place, it tends to be radical, if not erratic. External models remain dominant even years after the law was transplanted. Although there is some evidence that transplant countries have engaged in comprehensive legal reforms in response to the pressures of globalization, it is still too early to judge whether these new changes can be taken as a sign that the legal systems in these countries have started a process of endogenous legal evolution.

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Date posted: February 29, 2008  

Suggested Citation

Pistor, Katharina and Keinan, Yoram and Kleinheisterkamp, Jan and West, Mark D., Evolution of Corporate Law and the Transplant Effect: Lessons from Six Countries. World Bank Research Observer, Vol. 18, No. 1, pp. 89-112, Spring 2003. Available at SSRN: http://ssrn.com/abstract=873716

Contact Information

Katharina Pistor (Contact Author)
Columbia University School of Law ( email )
435 West 116th Street
New York, NY 10025
United States
212-854-0068 (Phone)
212-854-7946 (Fax)
Yoram Keinan (Contact Author)
Ernst & Young ( email )
1225 Connecticut Ave NW # 700
Washington, DC 20036
United States
Jan Kleinheisterkamp
London School of Economics - Law Department ( email )
Houghton Street
London WC2A 2AE, WC2A 2AE
United Kingdom
+44 20 7955 7256 (Phone)
HOME PAGE: http://www.lse.ac.uk/collections/law/staff/jan-kleinheisterkamp.htm

Mark D. West
University of Michigan Law School ( email )
625 South State Street
Professor of Law
Ann Arbor, MI 48109-1215
United States
734-647-4041 (Phone)
734-764-8309 (Fax)
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