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On the Economics of Limited Liability

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  • Susan E. Woodward

    (UCLA)

Abstract

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  • Susan E. Woodward, 1985. "On the Economics of Limited Liability," UCLA Economics Working Papers 371, UCLA Department of Economics.
    • Handle: RePEc:cla:uclawp:371
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    File URL: http://www.econ.ucla.edu/workingpapers/wp371.pdf
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    Cited by:

    1. John D. Turner, 2009. "Wider share ownership?: investors in English and Welsh Bank shares in the nineteenth century1," Economic History Review, Economic History Society, vol. 62(s1), pages 167-192, August.
    2. Turner, John D., 2014. "Financial history and financial economics," QUCEH Working Paper Series 14-03, Queen's University Belfast, Queen's University Centre for Economic History.
    3. Susan Woodward, 1988. "A Transaction Cost Analysis of Banking Activity and Deposit Insurance," Cato Journal, Cato Journal, Cato Institute, vol. 7(3), pages 683-699, Winter.
    4. Joshua R. Hendrickson, 2014. "Contingent Liability, Capital Requirements, and Financial Reform," Cato Journal, Cato Journal, Cato Institute, vol. 34(1), pages 129-144, Winter.
    5. Colvin, Christopher L. & de Jong, Abe & Fliers, Philip T., 2015. "Predicting the past: Understanding the causes of bank distress in the Netherlands in the 1920s," Explorations in Economic History, Elsevier, vol. 55(C), pages 97-121.
    6. Hansmann, Henry & Kraakman, Reinier, 2000. "Organizational law as asset partitioning," European Economic Review, Elsevier, vol. 44(4-6), pages 807-817, May.
    7. Naomi R. Lamoreaux & Jean-Laurent Rosenthal, 2004. "Legal Regime and Business's Organizational Choice: A Comparison of France and the United States," NBER Working Papers 10288, National Bureau of Economic Research, Inc.
    8. Holderness, Clifford G., 2003. "Joint ownership and alienability," International Review of Law and Economics, Elsevier, vol. 23(1), pages 75-100, March.
    9. Jean-Laurent Rosenthal, 2004. "Legal Regime and Business’s Organizational Choice: A Comparison of France and the United States during the Mid-Nineteenth Century. Joint with Naomi Lamoreaux," UCLA Economics Online Papers 309, UCLA Department of Economics.
    10. Grillet, Luc L., 1991. "Insurance hedging in the theory of the firm," Discussion Papers, Series II 166, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    11. Evans, Lewis T & Quigley, Neil C, 1995. "Shareholder Liability Regimes, Principal-Agent Relationships, and Banking Industry Performance," Journal of Law and Economics, University of Chicago Press, vol. 38(2), pages 497-520, October.
    12. Acheson, Graeme G. & Coyle, Christopher & Jordan, David P. & Turner, John D., 2018. "Share trading activity and the rise of the rentier in the UK before 1920," QUCEH Working Paper Series 2018-04, Queen's University Belfast, Queen's University Centre for Economic History.
    13. Dye, Ronald A., 1995. "Incorporation and the audit market," Journal of Accounting and Economics, Elsevier, vol. 19(1), pages 75-114, February.
    14. Howard Bodenhorn, 2015. "Double Liability at Early American Banks," NBER Working Papers 21494, National Bureau of Economic Research, Inc.
    15. Charles Hickson & John Turner, 2002. "The trading of unlimited liability bank shares: the Bagehot Hypothesis," Working Papers wp241, Centre for Business Research, University of Cambridge.
    16. Hickson, Charles R. & Turner, John D. & McCann, Claire, 2005. "Much ado about nothing: the limitation of liability and the market for 19th century Irish bank stock," Explorations in Economic History, Elsevier, vol. 42(3), pages 459-476, July.
    17. Thomas H. Noe & Stephen D. Smith, 1997. "The buck stops where? The role of limited liability in economics," Economic Review, Federal Reserve Bank of Atlanta, vol. 82(Q 1), pages 46-56.
    18. Bogle, David A. & Campbell, Gareth & Coyle, Christopher & Turner, John D., 2022. "Why did shareholder liability disappear?," QUCEH Working Paper Series 22-12, Queen's University Belfast, Queen's University Centre for Economic History.
    19. Acheson, Graeme & Campbell, Gareth & Turner, John D., 2019. "Private Contracting, Law and Finance," QBS Working Paper Series 2019/05, Queen's University Belfast, Queen's Business School.
    20. Grillet, Luc L., 1992. "Markets, hierarchies, and hybrids in corporate insurance," Discussion Papers, Series II 173, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    21. Pat Akey & Ian Appel, 2021. "The Limits of Limited Liability: Evidence from Industrial Pollution," Journal of Finance, American Finance Association, vol. 76(1), pages 5-55, February.
    22. Acheson, Graeme G. & Turner, John D., 2008. "The death blow to unlimited liability in Victorian Britain: The City of Glasgow failure," Explorations in Economic History, Elsevier, vol. 45(3), pages 235-253, July.

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