A Further Reply to Jean-Philippe Robé on the Firm

Simon Deakin, David Gindis, Geoffrey Hodgson

Research output: Contribution to journalArticlepeer-review

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Abstract

Despite agreement on many points, including our shared insistence that 'corporation' and 'firm' are different concepts, Jean-Philippe Robé still maintains that they are mutually exclusive: no corporation is a firm, and no firm is a corporation. In contrast, we follow standard nomenclature when we point out that all (business) corporations are firms, but some firms are not corporations. We show here that this is a standard practice among lawyers writing in leading law journals and note that Robé seems to have abandoned the task of defining the firm.

Original languageEnglish
Pages (from-to)703-706
Number of pages4
JournalJournal of Institutional Economics
Volume18
Issue number4
Early online date28 Feb 2022
DOIs
Publication statusPublished - 2 Jul 2022

Keywords

  • Business corporations
  • firms
  • legal institutionalism
  • legal personality

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