Handbook of Key Global Financial Markets, Institutions, and Infrastructure

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

Outline

Introduction

From Partnerships to Chartered Public Companies, 1602–1680

Branching Out, 1680–1795

New Challenges, 1795–1850

Conclusion

Further Reading

Relevant Websites

Introduction

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 ...