New Jersey Corporate Chartermongering, 1875–1929
研究了新泽西州如何通过放宽公司法来吸引公司注册,从而在世纪之交的并购浪潮中扮演关键角色,并分析了其后来被特拉华州取代的原因。
New Jersey played a dominant role in the merger wave at the turn of the century. The state facilitated the rise of large firms by liberalizing its corporation law in exchange for incorporation fees and franchise taxes. This article suggests that chartermongering emerged from the U.S. federal political system and the economic structure of the state. Delaware became the preferred state of incorporation as New Jersey's economic structure changed.