Institutions, Entrepreneurs, and American Economic History: How the Farmers’ Loan and Trust Company Shaped the Laws of Business from 1822 to 1929

Institutions, Entrepreneurs, and American Economic History: How the Farmers’ Loan and Trust Company Shaped the Laws of Business from 1822 to 1929

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Description

Institutions, Entrepreneurs, and American Economic History: How the Farmers’ Loan and Trust Company Shaped the Laws of Business from 1822 to 1929 examines how a single, influential financial institution helped transform American business law during the nineteenth and early twentieth centuries. Using the Farmers’ Loan and Trust Company of New York as a case study, the book shows how trust companies and their leaders acted as legal and institutional innovators—crafting new financial instruments, corporate structures, and governance practices to meet the needs of industrializing markets. It argues that changes in U.S. business law did not arise solely from legislatures or courts acting in the abstract, but were actively shaped by entrepreneurs and financial intermediaries who pushed legal boundaries and then worked to legitimize those innovations. In doing so, the book links firm-level strategy to broader developments in corporate law, finance, and American economic growth from the early republic through the eve of the Great Depression.

ISBN

978-0-230-60392-9

Publication Date

2009

Publisher

Palgrave MacMillan, part of Springer Nature

City

New York

Keywords

Economic history, Taxation law, Farmers Loan and Trust, Government regulation

Disciplines

Economic History | United States History

Institutions, Entrepreneurs, and American Economic History: How the Farmers’ Loan and Trust Company Shaped the Laws of Business from 1822 to 1929

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