The Cyclical Transformations of the Corporate Form: A Historical Perspective on Corporate Social Responsibility

@article{AviYonah2005TheCT,
  title={The Cyclical Transformations of the Corporate Form: A Historical Perspective on Corporate Social Responsibility},
  author={R. Avi-Yonah},
  journal={Legal History eJournal},
  year={2005}
}
  • R. Avi-Yonah
  • Published 2005
  • Economics, Political Science
  • Legal History eJournal
This Article describes the transformations underwent by the corporate form from its Roman origins to the present. It shows that every time there was a shift in the role of the corporation, three theories of the corporation (the aggregate, artificial, and real entity theories) were brought forward in cyclical fashion. However, every time the real entity theory prevailed, and it is the dominant theory during periods of stability in the relationship between the corporation, the shareholders, and… Expand
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