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Going the DistanceEurasian Trade and the Rise of the Business Corporation, 1400-1700$
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Ron Harris

Print publication date: 2020

Print ISBN-13: 9780691150772

Published to Princeton Scholarship Online: September 2020

DOI: 10.23943/princeton/9780691150772.001.0001

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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: 26 September 2021

The Dutch East India Company

The Dutch East India Company

(p.275) 10 The Dutch East India Company
Going the Distance

Ron Harris

Princeton University Press

This chapter provides the microstudy for the Dutch East India Company (VOC). VOC constituted an incomplete transition from ruler-owned enterprise to business corporation. Its closer connection with state objectives and state elites places it somewhere on the continuum that leads from the Portuguese ruler-owned enterprise to the English East India Company (EIC). The chapter explains how the VOC did not represent, at its inception, a full shift from personal to impersonal collaboration. But as it continued to evolve, and as investment through the secondary stock market became the norm, the VOC gradually became more impersonal. It explains that in the first decade of the VOC, the republic and the corporation insiders worked hand in hand to attract and capture outside investors.

Keywords:   Dutch East India Company, VOC, ruler-owned enterprise, English East India Company, EIC, stock market, corporation insiders

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