Management and the Free Standing Company – The New Zealand and Australia Land Company c. 1866 – 1900

Kevin D. Tennent

MPRA Paper from University Library of Munich, Germany

Abstract: This paper is based on archival work carried out on the papers of the New Zealand and Australian Land Company Ltd., a Scottish free-standing company founded in Edinburgh in 1867. It explores the development of a hierarchical management system within the company, looking at how the company managed properties on the other side of the world from its Edinburgh headquarters. It concludes that the company was capable of building competitive advantage through its management system in a sustainable fashion, encouraging a positive economic outcome in the host countries.

Keywords: Australia; New Zealand; Management; free-standing companies; principal-agent problems; competitive advantage (search for similar items in EconPapers)
JEL-codes: N57 N87 N97 (search for similar items in EconPapers)
Date: 2008-12
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