... that, combining peculium with free administration, secured limited liability for owners and turned the slaves to whom a business was entrusted into a kind of director. This construction enabled masters to become the proprietor of many formally separate enterprises at once, thereby expanding their business...

... as well as the functions and organizational status of its “director.” Corporation Entrepreneurship Free administration Limited liability Peculium Private enterprise Many organizational forms of modern entrepreneurship came from Ancient Rome. This refers, in particular, to business...