Jump to ContentJump to Main Navigation
Men, Women, and MoneyPerspectives on Gender, Wealth, and Investment 1850-1930$
Users without a subscription are not able to see the full content.

David R. Green, Alastair Owens, Josephine Maltby, and Janette Rutterford

Print publication date: 2011

Print ISBN-13: 9780199593767

Published to Oxford Scholarship Online: September 2011

DOI: 10.1093/acprof:oso/9780199593767.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 16 November 2018

The Evidence for ‘Democratization’ of Share Ownership in Great Britain in the Early Twentieth Century

The Evidence for ‘Democratization’ of Share Ownership in Great Britain in the Early Twentieth Century

(p.184) Chapter 8 The Evidence for ‘Democratization’ of Share Ownership in Great Britain in the Early Twentieth Century
Men, Women, and Money

Josephine Maltby

Janette Rutterford

David R. Green

Steven Ainscough

Carien van Mourik

Oxford University Press

Although there is general consensus that share ownership increased in Britain from the late nineteenth century onwards, less attention has been paid to the extent to which this increase reflected a change in the social class of shareholders. In the early twentieth century, there was a frequent claim that increased ownership resulted from the democratization of share purchase. The chapter investigates the evidence for this, examining the growth in savings banks’ deposits, the wide take-up of War Savings during the First World War, and the promotion of employee share ownership. These influences, and contemporary comments, provide a context for the study of the social class of shareholders in a number of UK companies. The chapter concludes that democratization did not take place, and that share ownership rather reflected the growth in popularity of more diversified investment portfolios during the period under review.

Keywords:   democratization, share ownership, savings, employee share ownership, war loan, HISCO, Britain, nineteenth century, twentieth century

Oxford 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 .