Jump to ContentJump to Main Navigation
The Emergence of Organizations and Markets$
Users without a subscription are not able to see the full content.

John F. Padgett and Walter W. Powell

Print publication date: 2012

Print ISBN-13: 9780691148670

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691148670.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 27 September 2021

The Emergence of Corporate Merchant-Banks in Dugento Tuscany

The Emergence of Corporate Merchant-Banks in Dugento Tuscany

(p.121) 5 The Emergence of Corporate Merchant-Banks in Dugento Tuscany
The Emergence of Organizations and Markets

John F. Padgett

Princeton University Press

This chapter illustrates that the Tuscan merchant-banks organizationally sat at the intersection of the otherwise distinct relational-flow domains of international trade, state finance, and noble kinship. Instead of mobile merchants from many nations traveling with their wares to and from central markets in France, a network of Italian (mostly Tuscan) merchant-banks developed in the mid-1200s effecting international movements of both goods and currency through themselves. Such banks were constructed out of sedentary merchants arranged in geographically distributed filiali or branches, sending letters to each other. Their multifunctional network position, the chapter argues, is why organizational innovations cascaded from one domain to another.

Keywords:   Tuscan merchant-banks, corporate merchant-banks, Tuscany, international trade, state finance, noble kinship, organizational innovations

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.