The Formative Years of the Modern Corporation: The Dutch East India Company Voc, 1602-1623

@article{Gelderblom2012TheFY,
  title={The Formative Years of the Modern Corporation: The Dutch East India Company Voc, 1602-1623},
  author={O. Gelderblom and Abe de Jong and Joost Jonker},
  journal={O&M: Organizational Forms eJournal},
  year={2012}
}
  • O. Gelderblom, Abe de Jong, Joost Jonker
  • Published 2012
  • Economics
  • O&M: Organizational Forms eJournal
  • With their legal personhood, permanent capital with transferable shares, separation of ownership and management, and limited liability for both shareholders and managers, the Dutch East India Company (VOC) and subsequently the English East India Company (EIC) are generally considered a major institutional breakthrough. Our analysis of the business operations and notably the financial policy of the VOC during the company’s first two decades in existence shows that its corporate form owed less to… CONTINUE READING
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