Abstract
The early associations for trading were either sole owners or partnerships. The first modem shareholding enterprise is generally recognised as the proposal by Sebastian Cabot, the British explorer, to set up an enterprise to find a North East trade route to China and the Orient.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 1993 Stephen Valdez
About this chapter
Cite this chapter
Valdez, S. (1993). Stock Exchanges. In: An Introduction to Western Financial Markets. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22961-1_9
Download citation
DOI: https://doi.org/10.1007/978-1-349-22961-1_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-59767-5
Online ISBN: 978-1-349-22961-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)