Prof. Sarath Sanga (Northwestern) on the Origins of the Market for Corporate Law in the USA

In this episode of the CLE's vlog & podcast series, Prof. Sarath Sanga (Northwestern) talks with Prof. Alexander Stremitzer (ETH Zurich) about his paper "The Origins of the Market for Corporate Law", a study of the market for corporate charters and the emergence of Delaware as the leader of this market. In his paper, Prof. Sanga assembles new data on 19th and 20th-century corporations to evaluate two widely-held beliefs: (1) the U.S. Supreme Court is responsible for enabling a national market for corporate charters in the 19th century and (2) Delaware became the leader in this market only because New Jersey (the initial leader) repealed its extremely liberal corporate laws in 1913. In the discussion with Prof. Stremitzer he explains why he argues against both claims. Paper Reference: Sarath Sanga – Northwestern University, Pritzker School of Law The Origins of the Market for Corporate Law https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3503628 Audio Credits for Trailer: AllttA by AllttA https://youtu.be/ZawLOcbQZ2w