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, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 24 February 2020

Country as Global Market

Country as Global Market

Netherlands, Calvinism, and the Joint-Stock Company

Chapter:
(p.208) 7 Country as Global Market
Source:
The Emergence of Organizations and Markets
Author(s):

John F. Padgett

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691148670.003.0007

This chapter argues that certain Dutch organizational innovations were all interlinked through their common genesis mechanism of “migration and homology.” Migration refers to two tidal waves of persecuted Calvinist merchants and artisans out of what is now Belgium into what is now the Netherlands, but within what was then the unitary region of the Spanish Netherlands. Homology refers to parallel organizational structures of nested councils in three institutional pillars: regents in federalist governments, consistories and synods in the Dutch Reformed Church, and boards of directors and shareholders in joint-stock companies and stock markets. Organizational innovations, shaped through civil, religious, and colonial wars, cascaded from domain to domain because they came to operate through the shared relational protocol of “lateral control” or public peer pressure.

Keywords:   Netherlands, Calvinism, joint-stock company, migration, homology, lateral control, public peer pressure

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.