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The Limits of Limited Liability: Evidence from Industrial Pollution

For more than 150 years, limited liability has been a defining characteristic of many business entities. This legal concept is often credited with spurring economic growth and the development of...

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Rethinking Group Company Liability

According to long-standing and fundamental English corporate law principles, limited liability applies in the context of group companies to the same extent as it does in stand-alone entities. As a...

24 January 2019

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Barnali Choudhury

Institutional Investors' Shareholdings in Large European Non-financial Listed Companies

Introduction Institutional investors (and among these, investment funds) play a key role in financial markets' development. They represent the world's largest source of equity capital, contribute to both efficiency and modernization...

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Francesco Fancello

How Universal Is the Corporate Form? Reflections on the Dwindling of Corporate Attributes in Brazil

The business corporation is a central institution of modern capitalism. Since its inception several centuries ago, the reported history of the corporate form is one of continued proliferation and diffusion...

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Mariana Pargendler

Piercing of the Corporate Veil for Evasion of Tort Obligations

In a recent article, ‘Piercing of the Corporate Veil for Evasion of Tort Obligations’, I analyse the common law doctrine of veil piercing in the context of tort...

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Brexit: Consequences for Austrian Limited Companies

On 23 June 2016, the UK voted in a referendum to determine whether it should remain a member of the EU. The country voted by a margin of 52% for...

28 September 2016

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How Do LLC Owners Contract Around Default Statutory Protections?

Limited liability companies (‘LLCs’) now outnumber corporations and continue to grow at a rapid rate. The form is remarkably flexible, attracting firms ranging from small local businesses to bastions of...

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