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Merchants to Multinationals
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Merchants to Multinationals: British Trading Companies in the Nineteenth and Twentieth Centuries

Geoffrey Jones

Abstract

This book examines the history of British multinational trading companies from the eighteenth century to the present day. During the Industrial Revolution, British merchants established overseas branches that became major trade intermediaries and subsequently engaged in foreign direct investment. Complex multinational business groups emerged controlling large investments in natural resources, processing, and services in Asia, Latin America, and Africa. While theories of the firm predict the demise over time of merchant firms, this book identifies the continued resilience of British trading com ... More

Keywords: Britain, business groups, corporate governance, firms, foreign indirect investment, merchants, multinationals, networks, services, trading company

Bibliographic Information

Print publication date: 2002 Print ISBN-13: 9780199249992
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0199249997.001.0001

Authors

Affiliations are at time of print publication.

Geoffrey Jones, author
Professor of Business History, University of Reading
Author Webpage