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Published October 20, 2017 | Submitted
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The Early Scottish Limited Companies, 1856-1895: An Historical and Analytical Survey

Abstract

The purpose of this paper is to show how many Scottish companies were formed in each year in the second half of the nineteenth century, what they sought to achieve, how long they lived, why they passed out of existence, and just how much capital was involved. In addition, an attempt has been made to determine the magnitude of one mode of Scottish overseas investment and the possible relationship between the size, length of life and growth of the incorporated firm.

Additional Information

The research into the files of the dissolved Scottish Limited Companies upon which this study is based was made possible by a grant from the Social Science Research Council, to whom I would like to express my thanks. The abstraction of data from the files was performed by Miss Helena Sokolowski during 1976-1977: her dedication to an extremely wearisome task made this paper possible. I am greatly indebted to her. The analysis of the data took place at the California Institute of Technology, during my tenure as a Sherman Fairchild Distinguished Scholar during the academic year of 1977-78. For assistance in programming I would like to thank the staff of the Willis H. Booth Computing Center, particularly Charles B. Ray, Director of the Center, Kiku Matsumo to and Albert F. Chang. I have greatly benefited from discussion with many members of the Division of the Humanities and Social Sciences at Caltech, particularly Lance E. Davis, J. Morgan Kousser and Forrest D. Nelson. I would also like to express my thanks to the staff of the Scottish Record Office, to whom Scottish economic historians owe so much. The unstinting assistance of Mr. John Imrie, Keeper of the Records of Scotland, Mr. John Bates and Mrs. Rosemary M. Gibson is especially appreciated.

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Created:
August 19, 2023
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January 14, 2024