By Youssef Cassis
Youssef Cassis offers a huge comparative learn of massive enterprise within the 3 prime eu countries over the process the 20 th century. Drawing on a delicately developed pattern of top businesses from the united kingdom, France, and Germany, the writer analyzes the connection among company and nationwide fiscal functionality, the influence of nationwide distinction on enterprise functionality and perform, and the composition and impression of the enterprise elites in each one state. enormous enterprise is key interpreting for an individual drawn to the advance of eu enterprise and the hyperlinks among enterprise perform and its wider social and political surroundings.
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Extra resources for Big Business: The European Experience in the Twentieth Century
L. Cottrell, British Overseas Investment in the Nineteenth Century (London, 1975); M. Edelstein, Overseas Investment in the Age of High Imperialism: The United Kingdom, 1850-1914 (London, 1982); L. Davis and R. Huttenback, Mammon and the Pursuit of Empire: The Political Economy of British Imperialism, 1860-1912 (Cambridge, 1987). 49 See C. Harvey, The Rio Tinto Company: An Economic History of a Leading International Mining Concern 1873-1954 (Penzance, 1981). 50 See H. Barty-King, Girdle round the Earth: The Story of Cable and Wireless and its Predecessors to Mark the Group's Jubilee 1929-1979 (London, 1979).
In these sectors, British firms grew faster than their French counterparts in the three decades following the First World War. They drew nearer to their German counterparts in electricals and chemicals in the inter-war years and overtook them in the aftermath of the Second World War; while they enjoyed from the start a decisive advantage in other 'new' industries such as motor cars, rubber, oil, and aeroplanes. 8 million capital and 50,000 and 60,000 employees. ICI was formed in 1926 by the amalgamation of four chemical companies under the joint leadership of Brunner Mond & Co.
The capital of Rowntree was £400,000 in 1907; that of Fry was £1,000,000. The biscuit manufacturer Huntley & Palmers was the only firm in the industry to reach larger dimensions, with £2,400,000 capital and 6,500 employees in 1907. See T. A. B. Corley, Quaker Enterprise in Biscuits: Huntley and Palmers of "Reading, 1822-1972 (London, 1972). 20 Big Business nearly 60 per cent of the company's capital at its foundation. 34 Big business was also strongly represented in the British textile industry.