Chartered Companies in Multinational Business History PDF
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This document provides an overview of chartered companies, their historical evolution, and their global impact. It examines the role these companies played in colonialism and early globalization, highlighting their evolution into modern multinational corporations, and includes case studies like the Dutch East India Company (VOC).
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TITLE: CHARTERED MODERN COMPANIES IN MULTINATIONAL Subtitle: Historical Evolution and Global Impact Introduction: Definition of Chartered Companies AGENDA Their role in global trade and expansion Transition to modern multinational...
TITLE: CHARTERED MODERN COMPANIES IN MULTINATIONAL Subtitle: Historical Evolution and Global Impact Introduction: Definition of Chartered Companies AGENDA Their role in global trade and expansion Transition to modern multinational corporations GRANTED RIGHTS BY GOVERNMENTS (E.G., MONOPOLY OVER TRADE) COMBINATION OF BUSINESS AND GOVERNANCE ROLES OPERATED IN COLONIES AND TRADE HUBS EXAMPLES OF FAMOUS CHARTERED COMPANIES Dutch East India Company (VOC) British East India Company Hudson’s Bay Company Other notable companies in Europe and beyond EAST INDIA COMPANY The Dutch East India Company (VOC)Established: 1602Controlled Dutch trade in Asia First multinational corporation and first company to issue stocks THE BRITISH EAST INDIA COMPANY Established: 1600 Played a key role in the colonization of India Transitioned from trade to administration HUDSON’S BAY COMPANY Established: 1670 Rolein fur trade and exploration of North America Evolution into a modern retail business ROLE OF CHARTERED COMPANIES IN COLONIALISM Exploitation of resources and labor Political and administrative control Cultural and economic impacts on colonies CHARTERED COMPANIES AND EARLY GLOBALIZATION Establishment of trade routes Exchange of goods, culture, and ideas Foundations of modern supply chains TRANSITION TO MODERN CORPORATIONS INDUSTRIAL Revolution and economic changes Dissolution of monopolies Rise of shareholder-owned corporations Legacy of Chartered Companies Foundation of legal frameworks for multinational corporations Creation of modern financial instruments like shares Influence on global trade practices COMPARISON: CHARTERED VS. MODERN COMPANIES FEATURE Feature Chartered Companies Modern Corporations State-supported Ownership Privately owned entities monopolies Scope Regional dominance Global reach Regulation Government-chartered Free-market policies CASE STUDY: VOC'S STOCK MARKET INNOVATIONS Introduction of joint-stock company Impact on modern financial markets Concept of shared risk in investments CASE STUDY: VOC'S STOCK MARKET INNOVATIONS Modern Examples Inspired by Chartered Companies Multinational corporations with historical ties Example: Hudson’s Bay Company (HBC)Transformation into retail giants THANK YOU
