'The Australian Company. Operations and finance' in R Lee (ed), Commerce and Culture. Nineteenth century business elites
Details:
- Author(s) Nix, Michael
- Publication type Chapter
- Year published 2011
- Pages pp61-92
- Publisher Ashgate Publishing
- Place Published Farnham
Topics:
- Name Joint stock company & limited liability structures
- Name Partnership structures
Countries:
Library:
- Name British Library
- City London
- County Greater London
- Country England
- Postcode NW1 2DB
- Visit British Library's website
Groups:
Notes:
Explores the Scottish Australian shipping trade from the late 1820s leading to the formation of the Australian Co, the first joint stock shipping company to trade regularly between Britain and Australia. Focuses on the latter's structure and management by its shareholders / managers and the strengths its size and corporate structure provided relative to a partnership. Also deals with the failure of the business in 1830 due to communications with its agent. Has sections: 'Bilateral exchanges'; 'Leith's Australian experiment'; 'A new joint stock company'; 'Contract of copartnery'; 'Shareholding'; 'Copartners'; 'Annual meetings and Committee of Management'; 'Professional management'