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Depersonalization of Business in Ancient Rome

Depersonalization of Business in Ancient Rome PDF Author: Barbara Abatino
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
A crucial step in economic development is the depersonalization of business, which enables an enterprise to operate as a separate entity from its owners and managers. Until the emergence of a de iure depersonalization of business in the 19th century, business activities were eminently personal, with managing partners bearing unlimited liability. Roman law even restricted agency. Yet, the Roman legal system developed a form of de facto depersonalized business entity, where depersonalization was achieved by making the fulcrum of the business a non-person: the slave. Although radically different from a legal perspective, this format exhibited all the distinctive features of modern corporations, thereby providing for a functional equivalent of the modern corporate form. The development of the de iure format was hindered by strong cultural, technological and institutional constraints. In contrast, slave-run businesses exhibited features that were largely compatible with these constraints and emerged along the path of least resistance to legal change. The end of slavery and the fall of the Roman Empire closed off this alternative path of legal evolution; consequently, the modern corporate form could only appear once these constraints had been overcome.

Depersonalization of Business in Ancient Rome

Depersonalization of Business in Ancient Rome PDF Author: Barbara Abatino
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
A crucial step in economic development is the depersonalization of business, which enables an enterprise to operate as a separate entity from its owners and managers. Until the emergence of a de iure depersonalization of business in the 19th century, business activities were eminently personal, with managing partners bearing unlimited liability. Roman law even restricted agency. Yet, the Roman legal system developed a form of de facto depersonalized business entity, where depersonalization was achieved by making the fulcrum of the business a non-person: the slave. Although radically different from a legal perspective, this format exhibited all the distinctive features of modern corporations, thereby providing for a functional equivalent of the modern corporate form. The development of the de iure format was hindered by strong cultural, technological and institutional constraints. In contrast, slave-run businesses exhibited features that were largely compatible with these constraints and emerged along the path of least resistance to legal change. The end of slavery and the fall of the Roman Empire closed off this alternative path of legal evolution; consequently, the modern corporate form could only appear once these constraints had been overcome.

Business Managers in Ancient Rome

Business Managers in Ancient Rome PDF Author: Jean-Jacques Aubert
Publisher:
ISBN:
Category : History
Languages : en
Pages : 548

Book Description
"Business Managers in Ancient Rome deals with the law of indirect agency in the classical period and explores the technical aspects and historical development of a set of praetorian remedies (actiones adiecticiae qualitatis), their role in the economy and their incidence on the society." "By bringing together various kinds of evidence (legal, literary, epigraphical, archaeological, numismatic, comparative, and accessorily, papyrological), this study attempts to sketch the social and economic history of an important chapter of the Roman law of obligations."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Roman Law and Economics

Roman Law and Economics PDF Author: Giuseppe Dari-Mattiacci
Publisher: Oxford University Press
ISBN: 0191090972
Category : History
Languages : en
Pages : 368

Book Description
Ancient Rome is the only society in the history of the western world whose legal profession evolved autonomously, distinct and separate from institutions of political and religious power. Roman legal thought has left behind an enduring legacy and exerted enormous influence on the shaping of modern legal frameworks and systems, but its own genesis and context pose their own explanatory problems. The economic analysis of Roman law has enormous untapped potential in this regard: by exploring the intersecting perspectives of legal history, economic history, and the economic analysis of law, the two volumes of Roman Law and Economics are able to offer a uniquely interdisciplinary examination of the origins of Roman legal institutions, their functions, and their evolution over a period of more than 1000 years, in response to changes in the underlying economic activities that those institutions regulated. Volume I explores these legal institutions and organizations in detail, from the constitution of the Roman Republic to the management of business in the Empire, while Volume II covers the concepts of exchange, ownership, and disputes, analysing the detailed workings of credit, property, and slavery, among others. Throughout each volume, contributions from specialists in legal and economic history, law, and legal theory are underpinned by rigorous analysis drawing on modern empirical and theoretical techniques and methodologies borrowed from economics. In demonstrating how these can be fruitfully applied to the study of ancient societies, with due deference to the historical context, Roman Law and Economics opens up a host of new avenues of research for scholars and students in each of these fields and in the social sciences more broadly, offering new ways in which different modes of enquiry can connect with and inform each other.

Tracing the Roots of Globalization and Business Principles

Tracing the Roots of Globalization and Business Principles PDF Author: Lawrence A. Beer
Publisher: Business Expert Press
ISBN: 1606492101
Category : Business & Economics
Languages : en
Pages : 264

Book Description
A central theme to the text is in fact that the commercial process is central to the human condition. The onus to exchange, the bartering of the fruits of one's labor, achieved by physical work or applied knowledge, with another is the natural condition of humankind. It separates us from all other species on earth and underscores humankind's desire to reach out and touch - integrate with others. Such natural process, the trade initiative, is the root of modern globalization. It is also the prime contributor to the development of civilization and has provided the world with a continuing component that sustains progress and improves life. Given this consideration, the business system, and the institutions created to utilize it, have continued to live up to its influential heritage as a central tool in societal progression; although like most human endeavors it is fought with mistakes and errors - it is not perfect. Acquainting students and managers with their heritage sets the stage for the next act in the never ending commercial process. The trading activity, although always beset with stumbling blocks, has always strived to live up to its human promise to make the world a unified better place. Such a goal should not be forgotten and students as well as managers need to reflect on their wider role - providing the golden thread in the continuing tapestry of a global integrated civilization. The commercial process is not just about wealth accumulation or profit and loss; it is ingrained with social progression and the changes over time. Today's business student must see the world on a wider horizon, appreciate and understand the richness of the role their commercial ancestors played in shaping the world if they are to be properly educated on the position and responsibilities they will be required to fulfill in the business of the future.

Tracing the Roots of Globalization and Business Principles, Second Edition

Tracing the Roots of Globalization and Business Principles, Second Edition PDF Author: Lawrence A. Beer
Publisher: Business Expert Press
ISBN: 1631572318
Category : Business & Economics
Languages : en
Pages : 375

Book Description
The book begins with a historical perspective of recorded trade. It then offers a deeper insight into the first global products, the infrastructures created to support the trade initiative and the development of financial instruments to further its growth. The cross collateral influences of religion and government on the global commercial landscape follows.

Trade, Commerce, and the State in the Roman World

Trade, Commerce, and the State in the Roman World PDF Author: Andrew Wilson
Publisher: Oxford University Press
ISBN: 019879066X
Category : Architecture
Languages : en
Pages : 679

Book Description
In this volume, papers by leading Roman historians and archaeologists discuss trade within the Roman Empire and beyond its frontiers between c.100 BC and AD 350, focusing especially on the role of the Roman state in shaping the institutional framework for trade. As part of a novel interdisciplinary approach to the subject, the chapters address its myriad facets on the basis of broadly different sources of evidence - historical, papyrological, andarchaeological - demonstrating how collaborations with the elite holders of wealth within the empire fundamentally changed its political character in the longer term.

A Casebook on the Roman Law of Contracts

A Casebook on the Roman Law of Contracts PDF Author: Bruce W. Frier
Publisher: Oxford University Press
ISBN: 019757324X
Category : History
Languages : en
Pages : 538

Book Description
Roman contract law has profoundly influenced subsequent legal systems throughout the world, but is inarguably an important subject in its own right. This casebook introduces students to the rich body of Roman law concerning contracts between private individuals. In order to bring out the intricacy of Roman contract law, the casebook employs the case-law method--actual Roman texts, drawn from Justinian's Digest and other sources, are presented both in Latin and English, along with introductions and discussions that fill out the background of the cases and explore related legal issues. This method reflects the casuistic practices of the jurists themselves: concentrating on the fact-rich environment in which contracts are made and enforced, while never losing sight of the broader principles upon which the jurists constructed the law. The casebook concentrates especially on stipulation and sale, which are particularly well represented in surviving sources. Beyond these and other standard contracts, the book also has chapters on the capacity to contract, the creation of third-party rights and duties, and the main forms of unjustified enrichment. What students can hope to learn from this casebook is not only the general outlines and details of Roman contract law, but also how the jurists developed such law out of rudimentary civil procedures. An online teacher's manual is available for instructors; to access it, see page xxi of the Casebook.

Business Life in Ancient Rome (1880)

Business Life in Ancient Rome (1880) PDF Author: Charles George Herbermann
Publisher: Kessinger Publishing
ISBN: 9781104043810
Category : Literary Collections
Languages : en
Pages : 76

Book Description
This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.

Merchants and Trading in the Sixteenth Century

Merchants and Trading in the Sixteenth Century PDF Author: Jeroen Puttevils
Publisher: Routledge
ISBN: 1317316630
Category : Business & Economics
Languages : en
Pages : 327

Book Description
Sixteenth-century Europe was powered by commerce. Whilst mercantile groups from many areas prospered, those from the Low Countries were particularly successful. This study, based on extensive archival research, charts the ascent of the merchants established around Antwerp.

Research Handbook on the History of Corporate and Company Law

Research Handbook on the History of Corporate and Company Law PDF Author: Harwell Wells
Publisher: Edward Elgar Publishing
ISBN: 1784717665
Category : Law
Languages : en
Pages : 653

Book Description
Understanding the corporation means understanding its legal framework, but until recently the origins and evolution of corporate law have received relatively little attention. The topical chapters featured in this Research Handbook, contributed by leading scholars from around the world, examine the historical development of corporation and business organization law in the Americas, Europe, and Asia from the ancient world to modern times, providing an invaluable resource for both further historical research and scholars seeking the origins of present-day issues.