In Continental Europe a concentrated ownership structure is the distinguishing feature and the corporate law again plays a minor role.
在欧洲大陆,高度集中的股权结构是显著的特征,当然公司法所扮演角色的重要性也是相对较弱的。
参考来源 - 上市公司股权结构与股利支付关系的实证研究
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Continental Europe
abstract:Continental Europe, also referred to as mainland Europe or simply the Continent (particularly by the British, Azoreans, Madeirans, Balearic and Canary Spaniards, Icelanders and other European island nations, and peninsular Scandinavians), is the continent of Europe, explicitly excluding European islands.
A green energy incentive that relies not on tax money, but rather on ratepayer funds was pioneered in continental Europe, and is now getting a hard look in many countries around the world, including the United States.
VOA: standard.2010.03.23
So, between 1650 and 1750, and this is right out of what you're reading, the rulers of continental Europe, of the biggest states extended their power.