Transaction costs of early modern multinational enterprise: measuring the transatlantic information lag of the British Royal African Company and its successor, 1680–1818

Klas Rönnbäck

Business History, 2016, vol. 58, issue 8, 1147-1163

Abstract: There is extensive previous research on the early modern chartered multinational corporations, their development and how they dealt with the various challenges they faced. This article attempts to contribute to this field of research by estimating quantitatively the information lag in early modern multinational enterprise, studying the case of the British Royal African Company and its successor the Company of Merchants Trading to Africa. The results show that the transatlantic information lag decreased somewhat during the second half of the eighteenth century. The decrease was however quite modest, and far less striking than has been claimed in some previous research. During the period, this information lag therefore still posed a major constraint on the development of multinational enterprise.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00076791.2016.1156087 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:bushst:v:58:y:2016:i:8:p:1147-1163

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/FBSH20

DOI: 10.1080/00076791.2016.1156087

Access Statistics for this article

Business History is currently edited by Professor John Wilson and Professor Steven Toms

More articles in Business History from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().