Chapter 8

Dutch Corporate Finance, 1602–1850

A. de Jong*, J. Jonker, and A. Röell§

*Rotterdam School of Management, Erasmus University, Rotterdam, The Netherlands

Utrecht University, Utrecht, The Netherlands

University of Amsterdam, Amsterdam, The Netherlands

§Columbia University, New York, NY, USA



Corporate finance examines the extent to which the allocation of capital to business operations is efficient. Modern markets offer entrepreneurs a great variety of financial instruments, but essentially these instruments may be reduced to variations of ...

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