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Incorporation and Company Formation in Australasia, 1790–1860

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  • Aaron Graham

Abstract

Nearly 260 companies were founded in and for the Australasian colonies between 1790 and 1860. A quantitative survey suggests that the patterns of incorporation mainly reflected ‘functionalist’ economic factors rather than ‘autonomous’ legal conditions, though the changing nature of company law did influence the various forms that incorporation took. In some sectors, outside factors and even historical accidents also pushed patterns of incorporation along distinct lines. The result was a tradition of adapting legal powers of incorporation to local needs which persisted beyond the introduction of modern company acts to the region in the 1860s and therefore shaped the subsequent evolution of the company in Australia and New Zealand.

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  • Aaron Graham, 2020. "Incorporation and Company Formation in Australasia, 1790–1860," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 60(3), pages 322-345, November.
    • Handle: RePEc:bla:ozechr:v:60:y:2020:i:3:p:322-345
    DOI: 10.1111/aehr.12184
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    References listed on IDEAS

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    Cited by:

    1. Churchill, Sefa Awaworyi & Chang, Simon & Smyth, Russell & Trinh, Trong-Anh, 2024. "The Long Run Gender Origins of Entrepreneurship: Evidence from Australia's Convict History," IZA Discussion Papers 17170, Institute of Labor Economics (IZA).

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