667
Views
8
CrossRef citations to date
0
Altmetric
Articles

Transaction costs of early modern multinational enterprise: measuring the transatlantic information lag of the British Royal African Company and its successor, 1680–1818

References

  • Adams, Julia. “Principals and Agents, Colonialists and Company Men: The Decay of Colonial Control in the Dutch East Indies.” American Sociological Review 61, no. 1 (1996): 12–28.
  • Anderson, Gary M., Robert E. McCormick, and Robert D. Tollison. “The Economic Organization of the English East India Company.” Journal of Economic Behavior & Organization 4, no. 2 (1983): 221–238.
  • Banks, Kenneth J. Chasing Empire Across the Sea: Communications and the State in the French Atlantic, 1713–1763. Montreal: McGill-Queen’s University Press, 2002.
  • Bannet, Eve. Empire of Letters: Letter Manuals and Transatlantic Correspondence, 1680–1820. Cambridge: Cambridge University Press, 2005.
  • Behrendt, Stephen D. “Markets, Transaction Cycles, and Profits: Merchant Decision Making in the British Slave Trade.” The William and Mary Quarterly 58, no. 1 (2001): 171–204.
  • Boyce, Gordon. “Communication and Contracting: A Link between Business and Social History.” Business and Economic History 24, no. 1 (1995): 287–295.
  • Brown, Vincent. “The Eighteenth Century: Growth; Crisis, and Revolution.” In The Princeton Companion to Atlantic History, edited by Joseph Miller, 36–45. Princeton, NJ: Princeton University Press, 2015.
  • Carlos, Ann M. “Agent Opportunism and the Role of Company Culture: The Hudson’s Bay and Royal African Companies Compared.” Business and Economic History 20 (1991): 142–151.
  • Carlos, Ann M. “Principal–agent Problems in Early Trading Companies: A Tale of Two Firms.” The American Economic Review 82, no. 2 (1992): 140–145.
  • Carlos, Ann M. “Bonding and the Agency Problem: Evidence from the Royal African Company, 1672–1691.” Explorations in Economic History 31, no. 3 (1994): 313–335.
  • Carlos, Ann M., Santhi Hejeebu. “Specific Information and the English Chartered Companies, 1650–1750.” In Leos Müller, and Jari Ojala (eds.). Information Flows: New Approaches in the Historical Study of Business Information. Helsinki: Suomalaisen Kirjallisuuden Seura. (2007): 139–168.
  • Carlos, Ann M., and Jamie Brown Kruse. “The Decline of the Royal African Company: Fringe Firms and the Role of the Charter.” The Economic History Review 49, no. 2 (1996): 291–313.
  • Carlos, Ann M., and Stephen Nicholas. ““Giants of an Earlier Capitalism”: The Chartered Trading Companies as Modern Multinationals.” Business History Review 62, no. 3 (1988): 398–419.
  • Carlos, Ann M., and Stephen Nicholas. 1990. “Agency Problems in Early Chartered Companies: The Case of the Hudson’s Bay Company.” The Journal of Economic History 50, no. 4 (1990): 853–875.
  • Carlos, Ann M., and Stephen Nicholas. “Managing the Manager: An Application of the Principal Agent Model to the Hudson’s Bay Company.” Oxford Economic Papers 45, no. 2 (1993): 243–256.
  • Carlos, Ann M., and Stephen Nicholas. “Theory and History: Seventeenth-century Joint-stock Chartered Trading Companies.” The Journal of Economic History 56, no. 4 (1996): 916–924.
  • Casson, Mark. “Institutional Economics and Business History: A Way Forward?” Business History 39, no. 4 (1997): 151–171.
  • Chandler, Alfred D. “Managerial Enterprise and Competitive Capabilities.” Business History 34, no. 1 (1992a): 11–41.
  • Chandler, Alfred D. “Organizational Capabilities and the Economic History of the Industrial Enterprise.” The Journal of Economic Perspectives 6, no. 3 (1992b): 79–100.
  • Chaudhuri, K. N. The English East India Company: The Study of an Early Joint-Stock Company 1600–1640. London: Cass, 1965.
  • Chaudhuri, K. N. The Trading World of Asia and the English East India Company 1660–1760. Cambridge: Cambridge University Press, 1978.
  • Davies, Kenneth Gordon. The Royal African Company. New York, NY: Octagon, 1975.
  • Dobado-González, Rafael, Alfredo García-Hiernaux, and David E. Guerrero. “The Integration of Grain Markets in the Eighteenth Century: Early Rise of Globalization in the West.” The Journal of Economic History 72, no. 3 (2012): 671–707.
  • Ejrnæs, Mette, and Karl Gunnar Persson. 2010. “The Gains from Improved Market Efficiency: Trade Before and After the Transatlantic Telegraph.” European Review of Economic History 14, no. 3 (2010): 361–381.
  • Ekberg, Espen, and Even Lange. “Business History and Economic Globalisation.” Business History 56, no. 1 (2014): 101–115.
  • Erikson, Emily. Between Monopoly and Free Trade: The English East India Company, 1600–1757. Princeton, NJ: Princeton University Press, 2014.
  • Erikson, Emily. Chartering Capitalism: Organizing Markets, States, and Publics. Emerald: Bingley, 2015.
  • Erikson, Emily, and Peter Bearman. “Malfeasance and the Foundations for Global Trade: The Structure of English Trade in the East Indies, 1601–1833.” American Journal of Sociology 112, no. 1 (2006): 195–230.
  • Farrington, Anthony. Trading Places: The East India Company and Asia 1600–1830. London: British Library, 2002.
  • Flynn, Dennis O., and Arturo Giraldez. “Path Dependence, Time Lags and the Birth of Globalisation: A Critique of O’Rourke and Williamson.” European Review of Economic History 8, no. 1 (2004): 81–108.
  • Flynn, Dennis O., and Arturo Giráldez. “Born Again: Globalization’s Sixteenth Century Origins (Asian/Global Versus European Dynamics).” Pacific Economic Review 13, no. 3 (2008): 359–387.
  • Haggerty, Sheryllynne. ‘Merely for Money?’ – Business Culture in the British Atlantic, 1750–1815. Liverpool: Liverpool University Press, 2012.
  • Hancock, David. “Atlantic Trade and Commodities, 1402–1815.” In The Atlantic World, C. 1450–c.1850, edited by Nicholas Canny and Philip Morgan, 324–340. Oxford: Oxford University Press, 2011.
  • Headrick, Daniel R., and Pascal Griset. “Submarine Telegraph Cables: Business and Politics, 1838–1939.” Business History Review 75, no. 3 (2001): 543–578.
  • Hoag, Christopher. “The Atlantic Telegraph Cable and Capital Market Information Flows.” Journal of Economic History 66, no. 2 (2006): 342–353.
  • Inikori, Joseph E. “Africa and the Globalization Process: Western Africa, 1450–1850.” Journal of Global History 2, no. 1 (2007): 63–86.
  • Jones, S. R. H., and P. Simon. “Ville. “Efficient Transactors or Rent-Seeking Monopolists? The Rationale for Early Chartered Trading Companies”.” The Journal of Economic History 56, no. 4 (1996a): 898–915.
  • Jones, S. R. H., and P. Simon. “Ville. “Theory and Evidence: Understanding Chartered Trading Companies”.” The Journal of Economic History 56, no. 4 (1996b): 925–926.
  • Kallioinen, Mika. “Information, Communication Technology, and Business in the Nineteenth Century: The Case of a Finnish Merchant House.” Scandinavian Economic History Review 52, no. 1 (2004): 19–33.
  • Kaukiainen, Yrjö. “Shrinking the World: Improvements in the Speed of Information Transmission, c. 1820–1870.” European Review of Economic History 5, no. 1 (2001): 1–28.
  • Keay, John. The Honourable Company: A History of the English East India Company. London: HarperCollins, 1991.
  • Klein, Herbert S. The Middle Passage: Comparative Studies in the Atlantic Slave Trade. Princeton, NJ: Princeton University Press, 1978.
  • Kupperman, Karen Ordahl. The Atlantic in World History. New York, NY: Oxford University Press, 2012.
  • Kyriazis, Nicholas, and Theodore Metaxas. “Path Dependence, Change and the Emergence of the First Joint-Stock Companies.” Business History 53, no. 3 (2011): 363–374.
  • Lampe, Markus, and Florian Ploeckl. “Spanning the Globe: The Rise of Global Communications Systems and the First Globalisation.” Australian Economic History Review 54, no. 3 (2014): 242–261.
  • Lawson, Philip. The East India Company: A History. Studies in Modern History, 99-0108455-5. London: Longman, 1993.
  • Lopez-Morell, Miguel A., and José M. O’Kean. “A Stable Network as a Source of Entrepreneurial Opportunities: The Rothschilds in Spain, 1835–1931.” Business History 50, no. 2 (2008): 163–184.
  • McCusker, John. “Information and Transaction Costs in Early Modern Europe.” In Weltwirtschaft Und Wirtschaftsordnung, edited by Rainer Gömmel and Markus Denzel, 69–83. Stuttgart: Franz Steiner Verlag, 2002.
  • McCusker, John. “The Demise of Distance: The Business Press and the Origins of the Information Revolution in the Early Modern Atlantic World.” The American Historical Review 110, no. 2 (2005): 295–321.
  • Milne, Graeme J. “British Business and the Telephone, 1878–1911.” Business History 49, no. 2 (2007): 163–185.
  • Morgan, Kenneth O. Bristol and the Atlantic Trade in the Eighteenth Century: Kenneth Morgan. Cambridge: Cambridge University Press, 1993.
  • Müller, Leos. “Swedish Consular Reports as a Source of Business Information, 1700–1800.” In Information Flows: New Approaches in the Historical Study of Business Information, edited by Leos Müller and Jari Ojala, 255–274. Helsinki: SKS, 2007.
  • Nalbach, Alex. “‘Poisoned at the Source’? Telegraphic News Services and Big Business in the Nineteenth Century.” Business History Review 77, no. 4 (2003): 577–610.
  • Neal, Larry. “The Rise of a Financial Press: London and Amsterdam, 1681–1810.” Business History 30, no. 2 (1988): 163–178.
  • Norton, Matthew. “Principal Agent Relations and the Decline of the Royal African Company.” In Chartering Capitalism: Organizing Markets, States, and Publics, 45–76. Emerald Group Publishing Limited, 2015.
  • Pearson, Robin, and David Richardson. “Social Capital, Institutional Innovation and Atlantic Trade Before 1800.” Business History 50, no. 6 (2008): 765–780.
  • Pettigrew, William A. Freedom’s Debt: The Royal African Company and the Politics of the Atlantic Slave Trade, 1672–1752. Chapel Hill: University of North Carolina Press, 2013
  • Prakash, Om. The Dutch East India Company and the Economy of Bengal, 1630–1720. Princeton, NJ: Princeton University Press, 1985.
  • Rönnbäck, Klas. “Integration of Global Commodity Markets in the Early Modern Era.” European Review of Economic History 13, no. 1 (2009): 95–120.
  • Rönnbäck, Klas. “The Speed of Ships and Shipping Productivity in the Age of Sail.” European Review of Economic History 16, no. 4 (2012): 469–489.
  • Seth, Vijay K. “The East India Company – A Case Study in Corporate Governance.” Global Business Review 13, no. 2 (2012): 221–238.
  • Shepherd, James F., and Gary M. Walton. Shipping, Maritime Trade, and the Economic Development of Colonial North America. Cambridge: Cambridge University Press, 1972.
  • Sivramkrishna, Sashi. “From Merchant to Merchant-Ruler: A Structure-conduct-performance Perspective of the East India Company’s History, 1600–1765.” Business History 56, no. 5 (2014): 789–815.
  • Solar, Peter M., and Klas Rönnbäck. “Copper Sheathing and the British Slave Trade’. The Economic History Review (2014). Available at: http://onlinelibrary.wiley.com/doi/10.1111/ehr.12085/full.
  • Steele, Ian Kenneth. The English Atlantic, 1675–1740: An Exploration of Communication and Community. New York, NY: Oxford University Press, 1986.
  • Steensgaard, Niels. The Asian Trade Revolution of the Seventeenth Century: The East India Companies and the Decline of the Caravan Trade. Chicago IL: University of Chicago Press, 1974.
  • TSTD2. Transatlantic Slave Trade Database. Available at: http://slavevoyages.org, 2010.
  • Ville, S.P., and S.R.H. Jones. “The Principal–agent Question: The Chartered Trading Companies.” Available at: http://eprints.lse.ac.uk/22421/1/27_95.pdf, 1995.
  • Vinnal, Hannes. “The World Refuses to Shrink: The Speed and Reliability of Information Transmission in North and Baltic Sea Region, 1750–1825.” European Review of Economic History 18, no. 4 (2014): 398–412.
  • Vlami, Despina. “Corporate Identity and Entrepreneurial Initiative: The Levant Company in the Eighteenth and Nineteenth Centuries.” The Journal of European Economic History 39, no. 1 (2010): 67–99.
  • Vlami, Despina, and Ikaros Mandouvalos. “Entrepreneurial Forms and Processes inside a Multiethnic Pre-Capitalist Environment: Greek and British Enterprises in the Levant (1740s–1820s).” Business History 55, no. 1 (2013): 98–118.
  • Walton, Gary M. “A Quantitative Study of American Colonial Shipping: A Summary.” The Journal of Economic History 26, no. 4 (1966): 595–598.
  • Walton, Gary M. “Sources of Productivity Change in American Colonial Shipping, 1675–1775.” The Economic History Review 20, no. 1 (1967): 67–78.
  • Wilkins, Mira. “Multinational Enterprise to 1930: Discontinuities and Continuities.” In Leviathans: Multinational Corporations and the New Global History, edited by Alfred D Chandler and Bruce Mazlish, 45–79. Cambridge: Cambridge University Press, 2005.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.