scholarly journals The East India Company (1661–1698): Territorial Acquisition and the ‘Amsterdam of Liberty’

Author(s):  
Haig Z. Smith

AbstractThe final chapter highlights the differences in global corporate governance, providing a case study of how differing governing models could ensure corporate success rather than failure. It continues the story of the EIC’s evolving religious governance in the second half of the century. It investigates how, following the acquisition of Bombay in the 1660s, company leaders such as Strenysham Master, Gerald Aungier and Josiah Child, developed the company’s religious governance to deal with administrating over a variety of peoples and faiths. Following 1662, in the post-Braganza era of the EIC, the flexibility of the corporate form was accentuated because of its adoption of an ecumenically broad form of governance, which allowed it to establish government over not only English Protestants but also Catholics, Armenians, Hindus, Muslims and Jews. The chapter also investigates the role of passive evangelism in the EIC’s religious governance as a way to encourage conversion. In doing so, the company hoped to bring local Indians not only into the Protestant faith, but under the English government.

Diplomatica ◽  
2020 ◽  
Vol 2 (2) ◽  
pp. 270-290
Author(s):  
Guido van Meersbergen

Abstract This article examines the role of gift exchanges in political relations between the East India Company and the Mughal imperial administration. Focusing on the period 1670–1720, it discusses the items selected for presentation, the occasions at which they changed hands, and the hierarchical relationships expressed and acknowledged through these transactions. It argues that in exchanges both with the central court and with provincial authorities, transfers of valuables in cash and kind between English and Indian actors were embedded in a wider imperial discourse regarding sovereignty and service. By acknowledging the continuum running from courtly engagements to everyday political interactions at local sites of power, a notion of Company diplomacy comes into view that straddled the boundaries between inter-polity relations and intra-imperial solicitation. As such, the case study invites us to rethink our notion of diplomacy as it pertained to relations between the English Company and Mughal state.


2012 ◽  
Vol 57 (193) ◽  
pp. 93-112 ◽  
Author(s):  
Predrag Stancic ◽  
Miroslav Todorovic ◽  
Milan Cupic

The aim of this paper is to determine the place and role of corporate governance and performance measures in the efforts of managers to maximize shareholder value, and the attitude of Serbian corporations toward these issues. The paper first analyses the importance of corporate governance and performance measures in the context of value-based management. Then, through the multiple case study, we investigate the attitude of seven Serbian corporations toward defining the general corporate objective, corporate governance, and performance measurement. Finally, we point out the factors and preconditions that determine corporate culture, objective definition, and performance measures used by Serbian corporations.


2021 ◽  
Author(s):  
Vincent Indrakusuma Loanoto

In this Covid-19 era, many companies are required to run new business platforms, but many of these companies are not able to keep up with the growing business trends. Of course, in anticipating changes in the competitive climate in the digital era, companies can carry out transformation programs and also implement good corporate governance values to avoid the dangers and risks of failure. This research uses a case study that focuses on efforts to foster Medium, Small and Medium Enterprises (MSMEs) that contribute to improving the Indonesian economy.


2021 ◽  
Vol 10 (1) ◽  
pp. 63-76
Author(s):  
Gagan Kukreja ◽  
Sanjay Gupta ◽  
Meena Bhatia

This case study investigates multiple issues related to corporate governance, regulations, auditing and financial reporting of Infrastructure Leasing and Financial Services Limited (IL&FS). Combinations of these issues resulted in default in payment obligations by IL&FS in August 2018 originated from the agency problem. It posed a substantial systematic risk to the whole financial system of India. This case study highlights the severe drawback of concentration of decision-making and unprofessional work ethics at the senior management level. Further, the case study also provides the opportunity to discuss the inappropriate regulations and governance practices which cause a severe problem in long-standing and prominent organizations like IL&FS. Research Questions: (a) Discuss the vital role of corporate governance in major corporations and the reasons behind governance failures. (b) How did asset–liability mismatch create liquidity problems in a company which deals with long-term projects? (c) How does lack of a proper and unified regulatory framework for Non-Banking Financial Corporation (NBFC) harm investors’ interest? Link to Theory: This case study provides an opportunity to learn the role of corporate governance in NBFC. This case demonstrates the problems arisen because of agency problem and conflict of interest among real-world stakeholders. The case study also highlights the importance of assets–liabilities management in a strategically important organization like IL&FS. Phenomenon Studied: This case study attempts to understand the potential problems that occurred in IL&FS from the failure of good governance, lack of unified regulations for NBFCs and non-adherence of professional responsibilities by the external auditors. Case Context: The case study explores the vital role of the infrastructure development and financing companies in developing economies like India and how it may affect other vital entities of the financial system. Further, it demonstrates how unethical practices at senior management and lack of unified regulations can harm the organization. Findings: The research study found senior management’s potential involvement in unethical practices while managing the company. The financial statements did not reflect the true and fair picture of the entity, which misled investors and other stakeholders. It created chaos in the stock market, resulting in a loss to shareholders. The government set up a new board to restore the confidence of the stock market. Further, the government started to address the problems that arose. Discussions: The case of IL&FS by default, at first glance, looks like a case of asset–liability mismatch due to the lack of supervisory roles of the board and senior management’s massive regulatory failure. It is shocking how under the nose of regulators like Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI) and Ministry of Corporate Affairs (MCA) a default of this scale could take place. How could IL&FS group grow unchecked into a massive 348 entity. It appeared that regulators, marquee shareholders (banks and institutions), and the board of directors failed in their fiduciary obligation to regulate and supervise IL&FS.


2021 ◽  
Author(s):  
Alison Elizabeth Skyrme

The Bouverie album, held in the photography collection at George Eastman House International Museum of Photography and Film is a hand-embellished photographic collage album from the late Victorian period. The volume contains over 200 albumen prints (mainly form un-mounted cartes-de-visite) that have been trimmed from their backgrounds and mounted into elaborate and fanciful scenes. Family members and friends star in comical tennis matches and tours of ruins and trimmed portraits are suspended from plants like fruit or surrounded by bouquets of highly detailed flowers. The time that was invested into the creation this object is incredible and the skill and attention to detail make it a rare and valuable object, to both photographic and cultural historians. This thesis explores the hand-embellished photograph album as its own genre, studying its influences, precursors and role within Victorian society. The album also offers clues to the role of women, evidence of the concept of florigraphy and, as many family photograph albums do, offers an interesting look at family roles. The following paper considers each one of these elements, and examines the album in comparison to other types of photo albums and personal books such as commonplace and scrapbooks. The similarities and differences between this genre of album and its precursors, and the peculiarities of this one in particular are discussed. I also closely examined several of the scenes, unpacking some of the historical and cultural information held within. This thesis demonstrates the historical importance of objects such as this one. The mixed media used means they require careful handling and preservation techniques particular to their structure in order to ensure that they will be available to future researchers. The final chapter of this thesis makes storage and handling suggestions in order to ensure the preservation of objects such as this one, including a discussion of surrogates and a description of an album housing (a modified clam shell box) that reduces the amount of handling the object receives.


Author(s):  
Massimo Introvigne

Divisions in the Brethren movement occurred already during Darby’s lifetime and cannot be simply reduced to the split between an Open and Exclusive wings. The chapter discusses the 1936 classification of the US Bureau of Census in six groups, from Brethren I to Brethren VI, and the extension of this model by American scholars to include Brethren VII, VIII, IX, and X. Several smaller ‘Exclusive’ groups eventually merged into Brethren III, which came to be known as Reunited Brethren, although Brethren IV are also ‘Exclusive’ and did not participate in these mergers. For each group, the essential elements of its history and doctrine are presented. The crucial role of Frederick Edward Raven is also discussed, thus introducing the final chapter, where the Ravenite group, or Brethren IV, is presented as a case study.


Author(s):  
Sari Mäenpää

This final chapter examines the role of cotton brokers in the port of Liverpool in the late-Nineteenth century. It uses data compiled by the Mercantile Liverpool Project, census material from trade directories, and social documents such as biographies and obituaries to reconstruct the activities of the Liverpool cotton broker community between 1850 and 1901. It explores the attitudes toward the value of cotton trading as a vocation in Liverpool and provides a case study of cotton broker Samuel Smith, and Robert Rankin of ‘Rankin, Gilmour and Co’. It offers an analysis of cotton broking statistics; British in-migration to the port of Liverpool in pursuit of employment; and the overall business success of cotton broking in Liverpool, to determine that cotton broking was an unstable venture that lacked social prestige, and that successful cotton brokers often had safety nets in other trade ventures out of necessity.


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