Merchants, Bankers, Middlemen PDF Download

Author: Joost Jonker
Publisher: Amsterdam University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 388

View

Book Description

Author: Peter Joseph Drake
Publisher: #N/A
ISBN: 9813222433
Category : Business & Economics
Languages : en
Pages : 207

View

Book Description
'One of the book’s several strong points are the amusing, often fascinating sketches of government officials and British merchants. This is a book of light touch and readable style but also of much information. Especially useful to the specialist are the examination of European-Chinese credit relationships and the use of merchant house archive material. The book will take its place among principal works on Malayan economic history and should, over the coming years, further promote its ongoing revival.'Asian-Pacific Economic LiteratureThis is the story of British enterprise in Singapore and Malaya from 1786 to 1920, when British vision, zeal and drive developed Penang, then Singapore and, finally, the peninsular Malay States.In the initial years, commerce and finance were paramount. The seeds of these commercial activities had been planted initially in the days of the East India Company but later, and more importantly, by individual merchant firms, supported by credit from London. These merchants were the driving force of British investment and development on the Malay Peninsula. While the contributions of the Malays, Indians and, especially, the Chinese to economic development should not be under-rated, in the period under review, their activities were steered and monitored by the British.This book presents an original and coherent account of British Enterprise in Singapore and Malaya in an important historical period and includes substantial new material from primary records of merchant firms and banks which will be of great interest to students, professionals as well as the general public.

Author: Giuliano Iannotta
Publisher: Springer Science & Business Media
ISBN: 354093765X
Category : Business & Economics
Languages : en
Pages : 199

View

Book Description
From a historical point of view, the main activity of investment banks is what today we call security underwriting. Investment banks buy securities, such as bonds and stocks, from an issuer and then sell them to the ?nal investors. In the eighteenth century, the main securities were bonds issued by governments. The way these bonds were priced and placed is extraordinarily similar to the system that inve- ment banks still use nowadays. When a government wanted to issue new bonds, it negotiated with a few prominent “middlemen” (today we would call them investment bankers). The middlemen agreed to take a fraction of the bonds: they accepted to do so only after having canvassed a list of people they could rely upon. The people on the list were the ?nal investors. The middlemen negotiated with the government even after the issuance. Indeed, in those days governments often changed unilaterally the bond conditions and being on the list of an important middleman could make the difference. On the other hand, middlemen with larger lists were considered to be in a better bargaining position. This game was repeated over time, and hence, reputation mattered. For the middlemen, being trusted by both the investors on the list and by the issuing governments was crucial.

Author: Albert Schrauwers
Publisher: Berghahn Books
ISBN: 1800730519
Category : Political Science
Languages : en
Pages : 276

View

Book Description
In the nineteenth century, the Netherlands and its colonial holdings in Java were the sites of dramatically increased industrialization. Led by a group of “merchant kings” who exemplified gentlemanly capitalism, this ambitious trading project transformed the small, economically moribund Netherlands into a global power. Merchant Kings offers a fascinating interdisciplinary exploration of this episode and reveals not only the distinctive nature of the Dutch state, but the surprising extent to which its nascent corporate innovations were rooted in early welfare initiatives. By placing colony and metropole into a single analytical frame, this book offers a bracing new approach to understanding the development of modern corporations.

Author: Thomas W. Blomquist
Publisher: Taylor & Francis
ISBN: 1040248799
Category : History
Languages : en
Pages : 269

View

Book Description
This volume brings together a series of studies by Professor Blomquist on the evolution of banking in Lucca from the 12th and 13th centuries. They describe how the leading bankers operated, how they invested, and how they pursued their family interests. In particular, they trace the transformation of money changers, or campsores, into deposit and transfer bankers, who deployed their capital in trading ventures as well as in banking. Moreover, the author shows how Lucchese merchant-bankers expanded their operations from Italy, first to the fairs of Champagne and ultimately to all of Europe's major commercial centres. Special attention is given to the use of the exchange contract, or cambium, as an instrument of credit and of transfer. Problems of coinage and foreign exchange are also treated extensively, including the origins of the Tuscan grossi and the Lucchese gold groat. The collection concludes with a study of the cloth trade and another concerning the first consuls in Lucca.

Author: Youssef Cassis
Publisher: Cambridge University Press
ISBN: 0521144043
Category : Business & Economics
Languages : en
Pages : 409

View

Book Description
`...useful reading for anyone interested in the antecedents of today's vibrant international financial markets.' --

Author: Ray Bert Westerfield
Publisher:
ISBN:
Category : Business
Languages : en
Pages : 362

View

Book Description

Author: Thomas Max Safley
Publisher: Routledge
ISBN: 1135076596
Category : Business & Economics
Languages : en
Pages : 258

View

Book Description
This volume takes up bankruptcy in early modern Europe, when its frequency made it not only an economic problem but a personal tragedy and a social evil. Using legal, business and personal records, the essays in this volume examine the impact of failure on business organizations and practices, capital formation and circulation, economic institutions and ethics, and human networks and relations in the so-called "transition" to modern society, from the early-sixteenth to the early-nineteenth century. One group of essays concentrates on the German-speaking world and shows a common concern for the microeconomics of bankruptcy, that is, for such issues as the structure of the firm, the nature of its capital, and the practices of its partners, especially their assessment of risk. Another group of essays shifts the focus from Central to Western and Northern Europe and away from the microeconomics of the early modern firm to an institutional consideration of bankruptcy. The final group of essays turns to Southern Europe, especially the Mediterranean basin, to assess bankruptcy not as an unfortunate result of crisis, but as an intentional response to crisis. All of the contributions are the result of original research; many of the scholars publish in English for the first time. All of the chapters are founded on close archival research, offering insights not only into business organization and practice but also into social and cultural aspects of economic life from the late sixteenth to the early nineteenth century.

Author: G. Rowlands
Publisher: Springer
ISBN: 1137381795
Category : Business & Economics
Languages : en
Pages : 278

View

Book Description
At the start of the eighteenth century Louis XIV needed to remit huge sums of money abroad to support his armies during the War of the Spanish Succession. This book explains how international bankers moved French money across Europe, and how the foreign exchange system was so overloaded by the demands of war that a massive banking crash resulted.

Author: Elise M. Dermineur
Publisher: Springer Nature
ISBN: 3031671171
Category :
Languages : en
Pages : 411

View

Book Description