The London Stock Exchange

The London Stock Exchange PDF

Author: Ranald Michie

Publisher: OUP Oxford

Published: 2001-04-26

Total Pages: 696

ISBN-13: 0191529346

DOWNLOAD EBOOK →

In 2001, the London Stock Exchange will be 200 years old, though its origins go back a century before that. This book traces the history of the London Stock Exchange from its beginnings around 1700 to the present day, chronicling the challenges and opportunities it has faced, avoided, or exploited over the years. Throughout, the history seeks to blend an understanding of the London Stock Exchange as an institution with that of the securities market of which it was - and is - such an important component. One cannot be examined satisfactorily without the other. Without a knowledge of both, for example, the causes of the 'Big Bang' of 1986 would forever remain a mystery. However, the history of the London Stock Exchange is not just worthy of study for what it reveals about the interaction between institution and market. Such was the importance of the London Stock Exchange that its rise to world dominance before 1914, its decline thereafter, and its renaissance from the mid-1980s, explain a great deal about Britain's own economic performance and the working of the international economy. For the first time a British economic institution of foremost importance is studied throughout its entire history, with regard to the roles played and the constraints under which it operated, and the results evaluated against the background of world economic progress.

The London and New York Stock Exchanges 1850-1914 (Routledge Revivals)

The London and New York Stock Exchanges 1850-1914 (Routledge Revivals) PDF

Author: Ranald Michie

Publisher: Taylor & Francis

Published: 2012-08-06

Total Pages: 329

ISBN-13: 1136736697

DOWNLOAD EBOOK →

First published in 1987, this is a reissue of the first book to offer a detailed comparison of two of the foremost stock exchanges in world before 1914. It is not only an exercise in comparative economic history but it also relates these institutions to wider world markets, thereby clarifying their functions and how they related to the general financial and economic framework. Students and researchers in economic and social history will welcome the reissue of this groundbreaking account of two historically important institutions in a crucial period of their development. Financial practitioners and others will also find much of interest here, in terms of both fascinating history and of insights into an era when a global market was rapidly evolving largely free of the twentieth-century distortions and hindrances introduced by wars, interventionist governments and exchange controls.

The Emergence of Corporate Governance

The Emergence of Corporate Governance PDF

Author: Knut Sogner

Publisher: Routledge

Published: 2021-05-31

Total Pages: 213

ISBN-13: 1000395979

DOWNLOAD EBOOK →

Corporate governance is not just about models of best practice organisation or prescriptions following laws or social conventions. Corporate governance is also about persons of power seeking performance, and they do so in ways that transcend structures and pre-conceived notions of the structural set-up of the business. This book emphasises the decision-making dimensions of corporate governance, placing it right in the messy middle of the ever-changing world of capitalism, focussing on the interplay between professional managers and shareholders. This book aims to bring together several fresh perspectives on the development of capitalism seen through the lens of corporate governance. It illustrates the role of intentionality and persons, both as a method with which to understand processes of change, but also as a principle with which to seek a deeper understanding of the corporate governance choices made. It will be of interest to researchers, academics and students in the fields of corporate governance and entrepreneurship, as well as practitioners and other audience interested in the evolution of capitalism and corporate culture.

Born with a Copper Spoon

Born with a Copper Spoon PDF

Author: Robrecht Declercq

Publisher: UBC Press

Published: 2022-11-15

Total Pages: 366

ISBN-13: 0774865059

DOWNLOAD EBOOK →

Over the past two centuries, industrial societies have demanded ever-increasing quantities of copper – essential for light, power, and communication. Born with a Copper Spoon examines how the metal has been produced and distributed around the globe. Large-scale production has affected ecologies, states, and companies, while creating and even destroying local communities dependent on volatile commodity markets. Kenneth Kaunda once remarked that Zambians were “born with a copper spoon in our mouths,” but few societies managed to profit from copper’s abundance. From copper cartels to the consequences of resource nationalism, Born with a Copper Spoon delivers a global perspective on one of the world’s most important metals.

War, Bond Prices, and Public Opinion

War, Bond Prices, and Public Opinion PDF

Author: Tobias A. Jopp

Publisher: Mohr Siebeck

Published: 2021-02-25

Total Pages: 336

ISBN-13: 316159536X

DOWNLOAD EBOOK →

The First World War was a watershed in the evolution of warfare, politics, economics, and the social sphere. One persistent topic in the historiography of the war is how contemporaries perceived the war's outbreak and its course. Tobias A. Jopp contributes to the related research from a new angle by analysing a quantitative source of perception that has hitherto been largely neglected, namely, the prices at which sovereign bonds were traded in the financial markets. Sovereign bond prices can be understood as a real-time opinion poll conducted among bondholders as to how the borrowing countries fared considering the war's implications for public finances. Specifically, the author investigates the Amsterdam Stock Exchange between 1914 and 1919. The empirical analysis derives and discusses perceived turning points and asks how bondholders perceived the established alliances' credibility.

From Malaise to Meltdown

From Malaise to Meltdown PDF

Author: Michael Lee

Publisher: University of Toronto Press

Published: 2020-11-03

Total Pages: 331

ISBN-13: 1487535112

DOWNLOAD EBOOK →

For the past two centuries, the great power sitting atop the international global financial system has enjoyed outsized rewards. As the saying goes, however, all good things come to an end. Providing insights into the evolution of the global political economy, From Malaise to Meltdown identifies the main instigators behind the global financial crises we’ve seen in the last two hundred years. Michael Lee shows that, in time, power diffuses from the leading economy to others, creating an intensely competitive push for global financial leadership. Hungry for the benefits of global leadership, declining leaders and aspiring challengers alike roll back long-standing regulatory safeguards in an effort to spark growth. Risks to global financial stability mount as a result of this rollback and waves of severe financial crises soon follow. As Lee deftly shows, the Long Depression of 1873–1896, the Great Depression of 1929–1939, and the financial crisis of 2008 are part of the same recurrent pattern: global competition disrupts the longstanding political equilibria, prompting a search for new, risky ideas among the most powerful states. From Malaise to Meltdown presents a sweeping but accessible historical narrative about the coevolution of power, ideas, and domestic politics, supported by archival research into the risky decisions that ushered in the worst financial crises in history.