Volume XIII: Business and Private Organizations | Chapter 0 (2004): Introduction

Completed in March 2002; some later developments have been taken into account but not the U.S. Sarbanes-Oxley Act of July 2002.

Alfred Conard and Detlev Vagts

A. The Background of Organizations

2. The organizational revolution. – It still happens occasionally that a man climbs alone into a small boat and sails across the ocean, or ventures far into a wi…