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European Corporate Laws, Regulatory Competition and Path Dependence

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  • Klaus Heine

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  • Wolfgang Kerber

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  • Klaus Heine & Wolfgang Kerber, 2002. "European Corporate Laws, Regulatory Competition and Path Dependence," European Journal of Law and Economics, Springer, vol. 13(1), pages 47-71, January.
  • Handle: RePEc:kap:ejlwec:v:13:y:2002:i:1:p:47-71
    DOI: 10.1023/A:1013113925093
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    References listed on IDEAS

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    1. Jeroen Weimer & Joost Pape, 1999. "A Taxonomy of Systems of Corporate Governance," Corporate Governance: An International Review, Wiley Blackwell, vol. 7(2), pages 152-166, April.
    2. Marie Bohatá & Martina Pechová, 1999. "řízení a správa společností
      [Corporate governance]
      ," Politická ekonomie, University of Economics, Prague, vol. 1999(5).
    3. Viktor Vanberg & Wolfgang Kerber, 1994. "Institutional competition among jurisdictions: An evolutionary approach," Constitutional Political Economy, Springer, vol. 5(2), pages 193-219, March.
    4. Sinn, Hans-Werner, 1997. "The selection principle and market failure in systems competition," Journal of Public Economics, Elsevier, vol. 66(2), pages 247-274, November.
    5. Van den Bergh, Roger, 2000. "Towards an Institutional Legal Framework for Regulatory Competition in Europe," Kyklos, Wiley Blackwell, vol. 53(4), pages 435-466.
    6. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1998. "Law and Finance," Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1113-1155, December.
    7. Jeanne-Mey Sun & Jacques Pelkmans, 1995. "Regulatory Competition in the Single Market," Journal of Common Market Studies, Wiley Blackwell, vol. 33(1), pages 67-89, March.
    8. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416-416.
    9. Carney, William J, 1997. "The Political Economy of Competition for Corporate Charters," The Journal of Legal Studies, University of Chicago Press, vol. 26(1), pages 303-329, January.
    10. Richard N. Langlois, 1999. "Modularity in Technology, Organization, and Society," Working papers 1999-05, University of Connecticut, Department of Economics.
    11. Zwiebel, Jeffrey, 1995. "Corporate Conservatism and Relative Compensation," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 1-25, February.
    12. Giovanni Dosi & Christopher Freeman & Richard Nelson & Gerarld Silverberg & Luc Soete (ed.), 1988. "Technical Change and Economic Theory," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1988, August.
    13. Oates, Wallace E. & Schwab, Robert M., 1988. "Economic competition among jurisdictions: efficiency enhancing or distortion inducing?," Journal of Public Economics, Elsevier, vol. 35(3), pages 333-354, April.
    14. Kobayashi, Bruce H & Ribstein, Larry E, 1996. "Evolution and Spontaneous Uniformity: Evidence from the Evolution of the Limited Liability Company," Economic Inquiry, Western Economic Association International, vol. 34(3), pages 464-483, July.
    15. Schilling, Melissa, 1999. "Winning the standards race: : Building installed base and the availability of complementary goods," European Management Journal, Elsevier, vol. 17(3), pages 265-274, June.
    16. Romano, Roberta, 1985. "Law as a Product: Some Pieces of the Incorporation Puzzle," Journal of Law, Economics, and Organization, Oxford University Press, vol. 1(2), pages 225-283, Fall.
    17. Shughart, William F, II & Tollison, Robert D, 1985. "Corporate Chartering: An Exploration in the Economics of Legal Change," Economic Inquiry, Western Economic Association International, vol. 23(4), pages 585-599, October.
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    Citations

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    Cited by:

    1. Hyytinen, Ari & Kuosa, Ilkka & Takalo, Tuomas, 2001. "Law or Finance: Evidence from Finland (Revised version 25.09.2002))," Discussion Papers 775, The Research Institute of the Finnish Economy.
    2. Wolfgang Kerber, 2003. "Wettbewerbsföderalismus als Integrationskonzept für die Europäische Union," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 4(1), pages 43-64, February.
    3. Heine, Klaus, 2006. "Interjurisdictional competition and the allocation of constitutional rights: A research note," International Review of Law and Economics, Elsevier, vol. 26(1), pages 33-41, March.
    4. Lars P. Feld & Wolfgang Kerber, 2006. "Mehr-Ebenen Jurisdiktionssysteme: Zur variablen Architektur von Integration," Marburg Working Papers on Economics 200605, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    5. Lars P. Feld & Gebhard Kirchgässner, 2003. "Die Rolle des Staates in privaten Governance Strukturen," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 139(III), pages 253-285, September.
    6. Wolfgang Kerber & Julia Wendel, 2016. "Regulatory Networks, Legal Federalism, and Multi-level Regulatory Systems," MAGKS Papers on Economics 201613, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    7. Wolfgang Kerber & Stefan Grundmann, 2006. "An optional European contract law code: Advantages and disadvantages," European Journal of Law and Economics, Springer, vol. 21(3), pages 215-236, May.
    8. Jodie A. Kirshner, 2009. "A Third Way: Regional Restructuring and the Societas Europaea," Working Papers wp385, Centre for Business Research, University of Cambridge.
    9. Wolfgang Kerber & Oliver Budzinski, "undated". "Towards a Differentiated Analysis of Competition of Competition Laws," German Working Papers in Law and Economics 2004-1-1090, Berkeley Electronic Press.
    10. Marciano, Alain & Khalil, Elias L., 2012. "Optimization, path dependence and the law: Can judges promote efficiency?," International Review of Law and Economics, Elsevier, vol. 32(1), pages 72-82.
    11. Nuno Garoupa & Anthony Ogus, 2006. "A Strategic Interpretation of Legal Transplants," The Journal of Legal Studies, University of Chicago Press, vol. 35(2), pages 339-363, June.
    12. Hammermeister, Jan H. & Zimmermann, Jochen, 2010. "Financial reporting demands in a globalised world: The harmonisation of accounting rules," TranState Working Papers 125, University of Bremen, Collaborative Research Center 597: Transformations of the State.
    13. Wolfgang Kerber & Roger Van den Bergh, 2008. "Mutual Recognition Revisited: Misunderstandings, Inconsistencies, and a Suggested Reinterpretation," Kyklos, Wiley Blackwell, vol. 61(3), pages 447-465, August.
    14. Klaus Heine, 2003. "Regulatory competition between company laws in the European Union: The Überseering case," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 38(2), pages 102-108, March.
    15. Ari Hyytinen & Iikka Kuosa & Tuomas Takalo, 2003. "Law or Finance: Evidence from Finland," European Journal of Law and Economics, Springer, vol. 16(1), pages 59-89, July.
    16. Klaus Heine, 2003. "Kompetitiver Föderalismus auch für das öffentliche Gut "Recht"?," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 72(3), pages 472-484.
    17. Lars P. Feld, 2006. "Regulatory Competition and Federalism in Switzerland: Diffusion by Horizontal and Vertical Interaction," CREMA Working Paper Series 2006-22, Center for Research in Economics, Management and the Arts (CREMA).
    18. Hans-Günter Krüsselberg, 2005. "Milton Friedman und der Wissenschaftliche Beirat für Familienfragen Elternkompetenz und Anteilscheine am Schulbudget – Gedanken über Reformpotenziale," Marburg Working Papers on Economics 200506, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    19. Franziska Weber, 2013. "European integration assessed in the light of the ‘rules vs. standards debate’," European Journal of Law and Economics, Springer, vol. 35(2), pages 187-210, April.
    20. Mathias Siems, 2009. "Shareholder, Creditor and Worker Protection: Time Series Evidence about the Differences between French, German, Idian, UK and US Law," Working Papers wp381, Centre for Business Research, University of Cambridge.
    21. Libman, Alexander, 2005. "Взаимодействие Государственных И Частных Структур В Интеграционных Группировах: Теоретические Подходы И Опыт Снг
      [Interaction of Public and Private Actors in Regional Integration Groups - Theoretic
      ," MPRA Paper 17044, University Library of Munich, Germany.
    22. Kerber, Wolfgang & Eckardt, Martina, 2005. "Policy learning in Europe: The 'open method of coordination' and laboratory federalism," Thuenen-Series of Applied Economic Theory 48, University of Rostock, Institute of Economics.

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