Joint Stock Company as a Precursor of Democracy: A Chapter from the History of Public Choice

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F12%3A00057235" target="_blank" >RIV/00216224:14560/12:00057235 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

čeština

Original language name

Podílnické společnosti jako předstupeň demokracie: kapitola z dějin veřejné volby

Original language description

If we accept the definition that public choice is a process in which the preferences of individuals are combined into collective decisions, then we can regarded joint stock companies of medieval and early modern times as a precursor of the system of representative democracy, at least in terms of practical verification of system functionality elected representatives looking out for the common good. The most important principles of these companies were perpetual succession of shares, the existence of common seal, confirming the corporate will of the shareholders, the management elected by shareholders, internal self-government framing of By-Law, a limited liability company and the shareholder voting rights. This article will therefore be devoted to one of the most important example of the first joint stock company, Genoa Corporation of San Giorgio, which is in the early modern period contributed significantly to governance and balancing private and public interests.

Czech name

Podílnické společnosti jako předstupeň demokracie: kapitola z dějin veřejné volby

Czech description

If we accept the definition that public choice is a process in which the preferences of individuals are combined into collective decisions, then we can regarded joint stock companies of medieval and early modern times as a precursor of the system of representative democracy, at least in terms of practical verification of system functionality elected representatives looking out for the common good. The most important principles of these companies were perpetual succession of shares, the existence of common seal, confirming the corporate will of the shareholders, the management elected by shareholders, internal self-government framing of By-Law, a limited liability company and the shareholder voting rights. This article will therefore be devoted to one of the most important example of the first joint stock company, Genoa Corporation of San Giorgio, which is in the early modern period contributed significantly to governance and balancing private and public interests.

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

<a href="/en/project/GA402%2F09%2F0941" target="_blank" >GA402/09/0941: Revision of the nonprofit sector theories as recourse of the nonprofit sector public policy</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2012

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Scientia et Societas

ISSN

1801-7118

e-ISSN

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Volume of the periodical

9

Issue of the periodical within the volume

2

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

9

Pages from-to

124-133

UT code for WoS article

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EID of the result in the Scopus database

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