Year
0
Publication details
Accounting Information
Management Discipline
Corporate administration
Source
Vedas
Issue
The law writers of ancient India (around 700 B.C.) devised, in a period of flourishing trade, rules for the administration of partnerships, formed as a means of combining capital and skills of individual entrepreneurs. These rules are indicative of the concern of the writers with partnership economics and equity—concepts which form an important part of present day partnership law.