The Corporation

Juliet Davenport I read this book on holiday and found it interesting, because I hadn’t really thought about the history of the corporation. It goes right back to the South Sea Bubble, where early investors were very unprotected. Then there was a lot of legislation put in place to protect shareholders and to make sure their interests were always looked after. As a result you ended up with corporations where the corporate structure is really only there to protect the shareholder and doesn’t take anything else into account. (Source)