On the Ground Floor: The Corner House Group

Klas Rönnbäck () and Oskar Broberg ()
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Klas Rönnbäck: University of Gothenburg
Oskar Broberg: University of Gothenburg

Chapter 12 in Capital and Colonialism, 2019, pp 283-309 from Palgrave Macmillan

Abstract: Abstract In previous chapters, we have analysed the outcome for different regions of Africa. In the present chapter, we zoom in to a much more detailed level to analyse how the macro-oriented financial history approach can be merged with a more micro-oriented business history approach. We will here use the data from our general dataset and analyse it in tandem with archival material and contemporary business press. In order to discuss the outcome for investors and other stakeholders, we focus on the Corner House group and particularly on the South African gold company Rand Mines Limited during the 1890s. Although this was one of the most important mining companies operating on Witwatersrand at the time, it has received scant attention in previous scholarly literature. We here analyse the formation of inside positions in the company and how these positions can help to explain the varying results for different kinds of investors.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-030-19711-7_12

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DOI: 10.1007/978-3-030-19711-7_12

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