Global Entrepreneurship Monitor
Aksjeselskap
Finding the earliest joint-stock company is a matter of definition. Around 1250 in France at Toulouse, 96 shares with the Société des Moulins du Bazacle, or Bazacle Milling Company were traded in a value that depended on the profitability with the mills the society owned. The Swedish company Stora has documented a stock transfer for 1/8 from the company (or maybe more specifically, the mountain when the copper resource was available) as soon as 1288.
In more the past, the English were first with joint-stock companies. The initial recognized company was the organization of Merchant Adventurers to New Lands, chartered in 1553 with 250 shareholders. Russia's Muscovy Company, that have a monopoly on trade between Moscow and London, was chartered soon after in 1555. As well as more famous, wealthy and robust English (later British) East India Company was granted an English Royal Charter by Elizabeth I on December 31, 1600, with all the goal of favouring trade privileges in India. The Royal Charter effectively gave the new Honourable East India Company a 15-year monopoly on all swap the East Indies. The organization transformed from your commercial trading venture to one that virtually ruled India as it acquired auxiliary governmental and military functions, until its dissolution.
Aksjeselskap
The East India Company's flag initially had the flag of England, St George's Cross, inside the corner.
Soon afterwards, in 1602, the Dutch East India Company issued shares, that have been made tradeable on the Amsterdam Stock trading game. An invention that enhanced light beer joint-stock companies to draw in capital from investors since they now easily could dispose their shares.
Finding the earliest joint-stock company is a matter of definition. Around 1250 in France at Toulouse, 96 shares with the Société des Moulins du Bazacle, or Bazacle Milling Company were traded in a value that depended on the profitability with the mills the society owned. The Swedish company Stora has documented a stock transfer for 1/8 from the company (or maybe more specifically, the mountain when the copper resource was available) as soon as 1288.
In more the past, the English were first with joint-stock companies. The initial recognized company was the organization of Merchant Adventurers to New Lands, chartered in 1553 with 250 shareholders. Russia's Muscovy Company, that have a monopoly on trade between Moscow and London, was chartered soon after in 1555. As well as more famous, wealthy and robust English (later British) East India Company was granted an English Royal Charter by Elizabeth I on December 31, 1600, with all the goal of favouring trade privileges in India. The Royal Charter effectively gave the new Honourable East India Company a 15-year monopoly on all swap the East Indies. The organization transformed from your commercial trading venture to one that virtually ruled India as it acquired auxiliary governmental and military functions, until its dissolution.
Aksjeselskap
The East India Company's flag initially had the flag of England, St George's Cross, inside the corner.
Soon afterwards, in 1602, the Dutch East India Company issued shares, that have been made tradeable on the Amsterdam Stock trading game. An invention that enhanced light beer joint-stock companies to draw in capital from investors since they now easily could dispose their shares.