Outputs (3)

Regulatory Competition in Partnership Law (2009)
Journal Article
Siems, M. (2009). Regulatory Competition in Partnership Law. International and Comparative Law Quarterly, 58(4), 767-802. https://doi.org/10.1017/s0020589309001390

Regulatory competition in company law has been extensively debated in the last few decades, but it has rarely been discussed whether there could also be regulatory competition in partnership law. This article fills this gap. It addresses the partners... Read More about Regulatory Competition in Partnership Law.

How Do Legal Rules Evolve? Evidence from a Cross-Country Comparison of Shareholder, Creditor and Worker Protection (2009)
Journal Article
Armour, J., Deakin, S., Lele, P., & Siems, M. (2009). How Do Legal Rules Evolve? Evidence from a Cross-Country Comparison of Shareholder, Creditor and Worker Protection. The American Journal of Comparative Law, 57(3), 579-629. https://doi.org/10.5131/ajcl.2008.0017

Much attention has been devoted in recent literature to the claim that a country's "legal origin" may make a difference to its pattern of financial development and more generally to its economic growth path. Proponents of this view assert that the "f... Read More about How Do Legal Rules Evolve? Evidence from a Cross-Country Comparison of Shareholder, Creditor and Worker Protection.

Shareholder Protection and Stock Market Development: An Empirical Test of the Legal Origins Hypothesis (2009)
Journal Article
Armour, J., Deakin, S., Sarkar, P., Siems, M., & Singh, A. (2009). Shareholder Protection and Stock Market Development: An Empirical Test of the Legal Origins Hypothesis. Journal of Empirical Legal Studies, 6(2), 343-380. https://doi.org/10.1111/j.1740-1461.2009.01146.x

Using a panel data set covering a range of developed and developing countries, we show that common-law systems were more protective of shareholder interests than civil-law ones in the period 1995–2005. However, civilian systems were catching up, sugg... Read More about Shareholder Protection and Stock Market Development: An Empirical Test of the Legal Origins Hypothesis.