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date: 28 June 2022

Abstract and Keywords

This chapter focuses on taxonomies that are commonly applied to corporate law and governance. It begins with an overview of the main rationales for and types of such corporate taxonomies before turning to a discussion of four types of typologies: limited typologies dealing with either legal or non-legal questions, and general typologies having either a legal or a non-legal focus. It then outlines challenges to these taxonomies, with particular emphasis on the criticism against the quantitative research on “legal origins” and how “leximetrics” can be used to address the question of whether or not there are distinct legal families in corporate law. It also presents a cluster analysis of investor protection data of the World Bank’s Doing Business Report.

Keywords: corporate taxonomies, corporate law, corporate governance, legal origins, leximetrics, legal families, investor protection, World Bank, Doing Business Report

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