Legal Origins Theory
The legal origins theory claims that the two main legal traditions or origins, civil law and common law, crucially shape lawmaking and dispute adjudication and have not been reformed after the initial exogenous transplantation by Europeans. Therefore, they affect economic outcomes to date. According to the evidence reported by the initial proponents of such a theory, countries that received civil law would display today less secure investor rights, stricter regulation, and more inefficient governments and courts than those that inherited common law. These differences would reflect both a stronger historical emphasis of common law on private ordering and the higher adaptability of judge-made law. Legal origins theory became popular among economists in the late 20th century, at the same time that practitioners of comparative law were largely abandoning taxonomic classifications of legal systems. Colonial Transplantation and Main Structural Differences While English common law origi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Civil Law (legal System)
Civil law is a legal system rooted in the Roman Empire and was comprehensively codified and disseminated starting in the 19th century, most notably with France's Napoleonic Code (1804) and Germany's (1900). Unlike common law systems, which rely heavily on judicial precedent, civil law systems are characterized by their reliance on legal codes that function as the primary source of law. Today, civil law is the world's most common legal system, practiced in about 150 countries. The civil law system is often contrasted with the common law system, which originated in medieval England. Whereas the civil law takes the form of legal codes, the common law comes from uncodified case law that arises as a result of judicial decisions, recognising prior court decisions as legally binding precedent. Historically, a civil law is the group of legal ideas and systems ultimately derived from the '' Corpus Juris Civilis'', but heavily overlain by Napoleonic, Germanic, canonical, feuda ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Andrei Shleifer
Andrei Shleifer ( ; born February 20, 1961) is a Russian-American economist and Professor of Economics at Harvard University, where he has taught since 1991. Shleifer was awarded the biennial John Bates Clark Medal in 1999 for his seminal works in three fields: corporate finance (corporate governance, law and finance), the economics of financial markets (deviations from efficient markets), and the economics of transition. IDEAS/RePEc ranked him as the second top economist in the world in 2011, and the top economist in 2024. He is also listed as #1 on the list of "Most-Cited Scientists in Economics & Business". On Google Scholar, as of 2024 he had over 400,000 citations. Life He was born to a Jewish family in the Soviet Union and emigrated to Rochester, New York, as a teenager in 1976, where he attended an inner-city school and learned English from episodes of '' Charlie's Angels''. He then studied mathematics, obtaining his BA from Harvard University in 1982. Following this, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Comparative Law
Comparative law is the study of differences and similarities between the law and legal systems of different countries. More specifically, it involves the study of the different legal systems (or "families") in existence around the world, including common law, civil law, socialist law, Canon law, Jewish Law, Islamic law, Hindu law, and Chinese law. It includes the description and analysis of foreign legal systems, even where no explicit comparison is undertaken. The importance of comparative law has increased enormously in the present age of internationalism and economic globalization. History The origins of modern comparative law can be traced back to Gottfried Wilhelm Leibniz in 1667 in his Latin-language book (New Methods of Studying and Teaching Jurisprudence). Chapter 7 (Presentation of Law as the Project for all Nations, Lands and Times) introduces the idea of classifying Legal Systems into several families. A few years later, Leibniz introduced an idea of Languag ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Theories Of Law
A theory is a systematic and rational form of abstract thinking about a phenomenon, or the conclusions derived from such thinking. It involves contemplative and logical reasoning, often supported by processes such as observation, experimentation, and research. Theories can be scientific, falling within the realm of empirical and testable knowledge, or they may belong to non-scientific disciplines, such as philosophy, art, or sociology. In some cases, theories may exist independently of any formal discipline. In modern science, the term "theory" refers to scientific theories, a well-confirmed type of explanation of nature, made in a way consistent with the scientific method, and fulfilling the criteria required by modern science. Such theories are described in such a way that scientific tests should be able to provide empirical support for it, or empirical contradiction (" falsify") of it. Scientific theories are the most reliable, rigorous, and comprehensive form of scientific k ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Administrative Theory
Administration may refer to: Management of organizations * Management, the act of directing people towards accomplishing a goal: the process of dealing with or controlling things or people. ** Administrative assistant, traditionally known as a secretary, or also known as an administrative officer, administrative support specialist, or management assistant: a person whose work consists of supporting management ** Administration (government), management in or of government, the management of public affairs; government. *** Administrative division, a term for an administrative region within a country that is created for the purpose of managing of land and the affairs of people. ** Academic administration, a branch of an academic institution responsible for the maintenance and supervision of the institution ** Arts administration, a field that concerns business operations around an art organization ** Business administration, the performance or management of business operations *** Ba ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Paul Mahoney (American Lawyer)
Paul G. Mahoney (born 1959) is an American law professor who worked as the dean of the University of Virginia School of Law from July 1, 2008 to July 1, 2016. He succeeded John Calvin Jeffries as Dean, and was succeeded by Risa L. Goluboff. Education Mahoney earned a Bachelor of Science degree in electrical engineering from the Massachusetts Institute of Technology in 1981 and a Juris Doctor from Yale Law School in 1984. Career Mahoney clerked for Judge Ralph K. Winter Jr. of the United States Court of Appeals for the Second Circuit and for United States Supreme Court Justice Thurgood Marshall. He practiced law at Sullivan & Cromwell from 1986 until 1990, when he joined the Virginia law faculty. His areas of academic interest are securities regulation, law and economic development, corporate finance, financial derivatives and contracts. Mahoney is a member of the Council on Foreign Relations, and was an associate editor of the ''Journal of Economic Perspectives'' and a d ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Glorious Revolution
The Glorious Revolution, also known as the Revolution of 1688, was the deposition of James II and VII, James II and VII in November 1688. He was replaced by his daughter Mary II, Mary II and her Dutch husband, William III of Orange (William III and II), a nephew of James who thereby had an interest to the throne irrespective of his marriage to his cousin Mary. The two ruled as joint monarchs of Kingdom of England, England, Kingdom of Scotland, Scotland, and Kingdom of Ireland, Ireland until Mary's death in 1694, when William became ruler in his own right. Jacobitism, the political movement that aimed to restore the exiled James or his descendants of the House of Stuart to the throne, persisted into the late 18th century. William's invasion was the last successful invasion of England. Despite his own Catholicism, usually an impediment to Protestant support, James became king in February 1685 with widespread backing from the Protestant majorities in England and Scotla ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Napoleon
Napoleon Bonaparte (born Napoleone di Buonaparte; 15 August 1769 – 5 May 1821), later known by his regnal name Napoleon I, was a French general and statesman who rose to prominence during the French Revolution and led Military career of Napoleon, a series of military campaigns across Europe during the French Revolutionary and Napoleonic Wars from 1796 to 1815. He led the French First Republic, French Republic as French Consulate, First Consul from 1799 to 1804, then ruled the First French Empire, French Empire as Emperor of the French from 1804 to 1814, and briefly again in 1815. He was King of Italy, King of Kingdom of Italy (Napoleonic), Italy from 1805 to 1814 and Protector of the Confederation of the Rhine, Protector of the Confederation of the Rhine from 1806 to 1813. Born on the island of Corsica to a family of Italian origin, Napoleon moved to mainland France in 1779 and was commissioned as an officer in the French Royal Army in 1785. He supported the French Rev ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Magna Carta
(Medieval Latin for "Great Charter"), sometimes spelled Magna Charta, is a royal charter of rights agreed to by King John of England at Runnymede, near Windsor, on 15 June 1215. First drafted by the Archbishop of Canterbury, Cardinal Stephen Langton, to make peace between the unpopular king and a group of rebel barons who demanded that the King confirm the Charter of Liberties, it promised the protection of church rights, protection for the barons from illegal imprisonment, access to swift and impartial justice, and limitations on feudal payments to the Crown, to be implemented through a council of 25 barons. Neither side stood by their commitments, and the charter was annulled by Pope Innocent III, leading to the First Barons' War. After John's death, the regency government of his young son, Henry III, reissued the document in 1216, stripped of some of its more radical content, in an unsuccessful bid to build political support for their cause. At the end of th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Edward Glaeser
Edward Ludwig Glaeser (born May 1, 1967) is an American economist who is currently the Fred and Eleanor Glimp Professor of Economics at Harvard University, where he is also the Chairman of the Department of Economics. He directs the Cities Research Programme at the International Growth Centre. Born in New York City, Glaeser was educated at the Collegiate School and Princeton University, where he received his AB in economics in 1988. After receiving a PhD in economics from the University of Chicago in 1992, he joined the faculty of Harvard University. He has served as the director of the Taubman Center for State and Local Government, and as the director of the Rappaport Institute for Greater Boston (both at Harvard Kennedy School). He is a senior fellow at the Manhattan Institute, and a contributing editor at '' City Journal''. He also chairs the Advisory Council of the Liveable London unit at Policy Exchange. Glaeser and John A. List were mentioned as reasons for which the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robert W
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' () "fame, glory, honour, praise, renown, godlike" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin.Reaney & Wilson, 1997. ''Dictionary of English Surnames''. Oxford University Press. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe, the name entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including En ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rafael La Porta
Rafael La Porta (born c. 1962) is the Robert J. and Nancy D. Carney University Professor of Economics at Brown University. La Porta received his A.B. in economics at Pontifical Catholic University of Argentina in Argentina and his A.M. and Ph.D. in economics at Harvard University in Cambridge, MA. La Porta served as a professor of economics at Harvard and the Tuck School of Business at Dartmouth College Dartmouth College ( ) is a Private university, private Ivy League research university in Hanover, New Hampshire, United States. Established in 1769 by Eleazar Wheelock, Dartmouth is one of the nine colonial colleges chartered before the America ... before accepting a position at Brown. His research is primarily in corporate governance and investor protections across the world. He is the coauthor of the influential articleLaw and Finance" which appeared in the ''Journal of Political Economy'' in December 1998. Bibliography * * References External links *http://faculty.tuck.d ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |