The Free-Standing Company in the World Economy, 1830-1996

Hardcover | August 1, 1998

EditorMira Wilkins, Harm Schroter

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Free-standing companies are a special type of multinational enterprise that proliferated in the late nineteenth and early twentieth centuries; some persisted into later years; few remain today. Many were headquartered in the United Kingdom, but important free-standing companies hadheadquarters in the other capital-rich nations. This book explores the history of the free-standing company, the theoretical implications of the concept, comparisons with the `American model' multinational enterprise, the validity of the concept, and its contribution to the understanding of moderneconomic history. Leading international scholars - economists and historians - provide evidence on and analysis of the operations of free-standing companies in different parts of the world. This is the first book on the much-discussed topic of free-standing companies. The volume will provide a rich quarry for thoseinterested in world economic history, regional and national economic histories, in the spread of international business, and in the different forms that multinational enterprises take through time.

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Free-standing companies are a special type of multinational enterprise that proliferated in the late nineteenth and early twentieth centuries; some persisted into later years; few remain today. Many were headquartered in the United Kingdom, but important free-standing companies hadheadquarters in the other capital-rich nations. This bo...

Mira Wilkins is a Professor of Economics at Florida International University. Harm Schroter is a Visiting Professor at the University of Konstanz.

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Format:HardcoverDimensions:502 pages, 9.21 × 6.14 × 1.26 inPublished:August 1, 1998Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0198290322

ISBN - 13:9780198290322

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Table of Contents

Part I: Introduction: Background, Theory, and Controversies1. Mira Wilkins: The Free-Standing Company Revisited2. Jean-Francois Hennart: Transaction-Cost Theory and the Free-Standing Firm3. Mark Casson: An Economic Theory of the Free-Standing Company4. T. A. B. Corley: The Free-Standing Company, in Theory and PracticePart II: Countries and Regions that were Host to Free-Standing Companies5. Peter Hertner: Free-Standing Companies in Italy, 1883-19126. Natalia Gurushina: British Free-Standing Companies in Tsarist Russia7. Stanley Chapman: British Free-Standing Companies and Investment Groups in India and the Far East8. Rory Miller: British Free-Standing Companies on the West Coast of South America9. Reinhard Liehr and Mariano E. Torres Bautista: British Free-Standing Companies in Mexico, 1884-191110. Tomas Szmrecsanyi: A French Free-Standing Company in Brazil's Sugar Industry: A Case Study of the Societe de Sucreries Bresiliennes, 1907-1922Part III: Countries that were Homes to Free-Standing Companies: General and by Sector11. Ben P. A. Gales and Keetie E. Sluyterman: Dutch Free-Standing Companies, 1870-194012. Harm Schroter: Continental European Free-Standing Companies: The Case of Belgium, Germany, and Switzerland13. Geoffrey Owens: British Overseas Banks as Free-Standing Companies, 1830-199614. William J. Hausman and John L. Neufeld: US Foreign Direct Investment in Electric Utilities in the 1920s15. Gregory P. Marchildon: The Montreal Engineering Company and International Power: Overcoming the Limitation of the Free-Standing UtilityPart IV: Conclusion16. Mira Wilkins: The Significance of the Concept and a Future Agenda

Editorial Reviews

The range of concerns reaised by the concept attests to its value and must attract a wide readership to this volume. Those interested in institutional economics will find the theoretical chapters and the case studies particularly stimulating. The book will be useful to scholars ofmultinational enterprises of all types, international business, and, of course, business and economic history. EH.NET and H-Business (Gordon Boyce, School of Economics and Finance, Victoria University of Wellington) 07/99