Not only that, but incorporation laws are written very differently in different capitalist countries. Economists have debated over whether various apparent differences between Britain, Germany, and USA arose historically from the precise details of the laws and institutional forms for incorporation, partnership, and banking in the three different economies. If I remember correctly, Britain displayed a different pattern of industrialization from the other two due to its laws favoring partnerships of wealthy families over joint-stock companies.
Not only that, but incorporation laws are written very differently in different capitalist countries. Economists have debated over whether various apparent differences between Britain, Germany, and USA arose historically from the precise details of the laws and institutional forms for incorporation, partnership, and banking in the three different economies. If I remember correctly, Britain displayed a different pattern of industrialization from the other two due to its laws favoring partnerships of wealthy families over joint-stock companies.
(Points (1) and (4) all over again.)