Share trading activity and the rise of the rentier in the UK before 1920*
Autor: | Christopher Coyle, John D. Turner, David P. Jordan, Graeme G. Acheson |
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Rok vydání: | 2018 |
Předmět: |
History
060106 history of social sciences 05 social sciences 06 humanities and the arts HG London Stock Exchange First world war Share trading Insurance Investor 0502 economics and business Economic history Business Management and Accounting (miscellaneous) 0601 history and archaeology Rentier Business World War I Business and International Management 050203 business & management Period (music) |
Zdroj: | Acheson, G, Coyle, C, Jordan, D & Turner, J 2018, ' Share Trading Activity and the Rise of the Rentier in the UK before 1920 ', Business History . https://doi.org/10.1080/00076791.2018.1502751 |
ISSN: | 1743-7938 0007-6791 |
DOI: | 10.1080/00076791.2018.1502751 |
Popis: | Using a hand-collected dataset, we examine share trading activity over the period 1882 to 1920 for the North British and Mercantile Insurance Company, one of the largest UK companies of the time. Our main finding is that the steady flow of rentiers into the shareholding constituency of this company stymied share trading activity. Another important finding is that share trading still occurred during the closure of the Stock Exchange in 1914, but on a much-reduced scale. We also find that there was a substantial boom in share trading and in insurance stock prices after World War I. |
Databáze: | OpenAIRE |
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