Who comprised the nation of shareholders? Gender and investment in Great Britain, c. 1870-1935

Economic History Review

Volumn 64, Issue 1, 2011, Pages 157-187

  Rutterford, Janette ^a   Green, David R ^b   Maltby, Josephine ^c   Owens, Alastair ^d  

^a OPEN UNIVERSITY BUSINESS SCHOOL   (United Kingdom)

^b KING'S COLLEGE LONDON   (United Kingdom)

^c UNIVERSITY OF YORK   (United Kingdom)

^d QUEEN MARY UNIVERSITY OF LONDON   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC HISTORY; GENDER RELATIONS; INVESTMENT; NINETEENTH CENTURY; STAKEHOLDER; STOCK MARKET; TWENTIETH CENTURY;

UNITED KINGDOM;

EID: 78650765215     PISSN: 00130117     EISSN: 14680289     Source Type: Journal    
DOI: 10.1111/j.1468-0289.2010.00539.x     Document Type: Article

References (76)

1. 'A Banker's Daughter' (Mary Welsman), A guide to the unprotected in everyday matters relating to property and income (1863).
2. Acheson, G. G. and Turner, J. D., 'The impact of limited liability on ownership and control: Irish banking, 1877-1914', Economic History Review, LIX (2006), pp. 320-46.
3. Barker, H., The business of women: female enterprise and urban development in northern England 1760-1830 (Oxford, 2006).
4. Bowen, H. V., 'Investment and empire in the later eighteenth century: East India stockholding, 1756-1791', Economic History Review, 2nd ser., XLII (1989), pp. 106-206.
5. Bowen, H. V., The business of empire; the East India Company and imperial Britain, 1756-1833 (Cambridge, 2006).
6. Brown, O., The routine of a public issue (Cambridge, 1932).
7. Cairncross, A., Home and foreign investment 1870-1913 (Cambridge, 1953).
8. Carlos, A., Maguire, K., and Neal, L., 'Financial acumen, women speculators, and the Royal African Company during the South Sea Bubble', Accounting, Business and Financial History, 16 (2006), pp. 219-44.
9. Chambers, D. and Dimson, E., 'IPO underpricing over the very long run', Journal of Finance, 64 (2009), pp. 1407-43.
10. Cheffins, B. R., Corporate ownership and control: British business transformed (Oxford, 2008).
11. Clapham, J. S., An economic history of modern Britain, vol. 3: Machines and national rivalries, 1887-1914 (Cambridge, 1938).
12. Combs, M., 'Wives and household wealth: the impact of the 1870 British Married Women's Property Act on wealth-holding and share of household resources', Continuity and Change, 19 (2004), pp. 141-63.
13. Combs, M., 'A measure of legal independence: the 1870 Married Women's Property Act and the portfolio allocations of British wives', Journal of Economic History, 65 (2005), pp. 1028-57.
14. Combs, M., 'Cui Bono? The 1870 British Married Women's Property Act, bargaining power, and the distribution of resources within marriage', Feminist Economics, 12 (2006), pp. 51-83.
15. Cottrell, P. L., Industrial finance 1830-1914: the finance and organization of English manufacturing industry (1980).
16. Daunton, M., Trusting Leviathan: the politics of taxation in Britain 1799-1914 (Cambridge, 2001).
17. Davidoff, L. and Hall, C., Family fortunes: men and women of the English middle class, 1780-1850 (1987).
18. Davis, L. E. and Huttenback, R. A., 'The political economy of British imperialism: measures of benefits and support', Journal of Economic History, 42 (1982), pp. 119-30.
19. Davis, L. E. and Huttenback, R. A., Mammon and the pursuit of empire: the political economy of British imperialism, 1860-1912 (Cambridge, 1986).
20. Dixon, P., Graham, N., and Jackson, A., 'Shareholders and shareholding: the case of the football company in late Victorian England', Business History, 46 (2004), pp. 503-24.
21. Easson, A., 'The high Victorian period (1850-1900): "the worship of Mammon"', in S. Pollard, ed., The representation of business in English literature (2000), pp. 65-98.
22. Edelstein, M., 'Realized rates of return on UK home and overseas portfolio investment in the age of high imperialism', Explorations in Economic History, 13 (1976), pp. 283-329.
23. Edelstein, M., Overseas investment in the age of high imperialism: the United Kingdom, 1850-1914 (1982).
24. Edwards, J. R., A history of financial accounting (1989).
25. Eliot, G., The journals of George Eliot, M. Harris and J. Johnston, eds. (Cambridge, 1998).
26. Essex-Crosby, A., 'Joint stock companies in Great Britain, 1890-1930' (unpub. M.Comm. thesis, Univ. of London, 1938).
27. Freeman, M., Pearson, R., and Taylor, J., '"A doe in the City": women shareholders in eighteenth and early nineteenth-century Britain', Accounting, Business & Financial History, 16 (2006), pp. 265-91.
28. Freeman, M., Pearson, R., and Taylor, J., 'Between Madam Bubble and Kitty Lorimer: women investors in British and Irish stock companies', in A. Laurence, J. Maltby, and J. Rutterford, eds., Women and their money 1700-1950: essays on women and finance (2009), pp. 95-114.
29. Goetzmann, W. N. and Ukhov, A. D., 'British investment overseas 1870-1913: a modern portfolio theory approach', Review of Finance, 10 (2006), pp. 261-300.
30. Green, D. R. and Owens, A., 'Gentlewomanly capitalism? Spinsters, widows, and wealth holding in England and Wales, c. 1800-1860', Economic History Review, LVI (2003), pp. 510-36.
31. Green, D. R., Owens, A., Rutterford, J., and Maltby, J., 'Lives in the balance? Gender, age and assets in late-nineteenth-century England and Wales', Continuity and Change, 24 (2009), pp. 307-35.
32. Grossman, R. S., 'New indices of British equity prices, 1870-1913', Journal of Economic History, 62 (2002), pp. 121-46.
33. Hannah, L., 'The "divorce" of ownership from control from 1900 onwards: re-calibrating imagined global trends', Business History, 49 (2007), pp. 404-38.
34. Harris, W. J. and Lake, K. A., 'Estimates of the realisable wealth of the United Kingdom based mostly on estate duty returns', Journal of the Royal Statistical Society, 69 (1906), pp. 709-45.
35. van Helten, J. J., 'Mining, share manias and speculation: British investment in overseas mining. 1880-1913', in J. J. van Helten and Y. Cassis, eds., Capitalism in a mature economy: financial institutions, capital exports and British industry 1870-1939 (Aldershot, 1990), pp. 159-85.
36. Henry, N., 'Ladies do it?: Victorian women investors in fact and fiction', in F. O'Gorman, ed., Victorian literature and finance (Oxford, 2007), pp. 111-32.
37. Hilton, B., The age of atonement; the influence of evangelicalism on social and economic thought 1785-1865 (Oxford, 1988).
38. Holcombe, L., Wives and property: reform of the married women's property law in nineteenth-century England (Oxford, 1983).
39. Holden, K., 'Imaginary widows: spinsters, marriage, and the "lost generation" in Britain after the Great War', Journal of Family History, 30 (2005), pp. 388-409.
40. Jefferys, J. B., 'Trends in business organisation in Great Britain since 1856, with special reference to the financial structure of companies, the mechanism of investment and the relationship between the shareholder and the company' (unpub. Ph.D. thesis, London School of Economics and Political Science, 1938).
41. Jenks, L. H., The migration of British capital to 1875 (1971).
42. Klovland, J. T., 'Pitfalls in the estimation of the yield on British Consols, 1850-1914', Journal of Economic History, 54 (1994), pp. 164-87.
43. Laurence, E. A., 'Women investors, "that nasty South Sea affair" and the rage to speculate in early eighteenth-century England', Accounting, Business & Financial History, 16 (2006), pp. 245-64.
44. Laurence, A., 'Women and finance in eighteenth-century England', in A. Laurence, J. Maltby, and J. Rutterford, eds., Women and their money, 1700-1950: essays on women and finance (2009), pp. 30-2.
45. Laurence, A., Maltby, J., and Rutterford, J., 'Introduction', in A. Laurence, J. Maltby, and J. Rutterford, eds., Women and their money, 1700-1950: essays on women and finance (2009), pp. 1-29.
46. McKibbin, R., Classes and cultures: England 1918-1951 (Oxford, 1998).
47. Michie, R. C., 'The social web of investment in the nineteenth century', Revue Internationale d'Histoire De La Banque, 18 (1979), pp. 158-75.
48. Michie, R. C., 'Income, expenditure and investment of a Victorian millionaire: Lord Overstone, 1823-83', Bulletin of the Institute of Historical Research, 58 (1985), pp. 59-77.
49. Michie, R. C., 'The London Stock Exchange and the British securities market, 1850-1914', Economic History Review, 2nd ser., XXXVIII (1985), pp. 61-82.
50. Michie, R. C., The London Stock Exchange: a history (Oxford, 1999).
51. Michie, R., 'Gamblers, fools, victims or wizards? The British investor in the public mind, 1850-1930', in D. R. Green, A. Owens, J. Maltby, and J. Rutterford, eds., Men, women and money: perspectives on gender, wealth and investment 1850-1930 (Oxford, forthcoming, 2010).
52. Mitchell, B. and Deane, P., Abstract of British historical statistics (Cambridge, 1962).
53. Morgan, E. V. and Thomas, W. A., The Stock Exchange: its history and functions (1969).
54. Newton, L., 'Networks and clusters: capital networks in the Sheffield region: 1850-1885', in J. F. Wilson and A. Popp, eds., Industrial clusters and regional business networks, 1750-1970 (Aldershot, 2003), pp. 130-54.
55. Newton, L., Credit and capital in Sheffield: the finance of industry in nineteenth-century England (Aldershot, 2004).
56. Newton, L. and Cottrell, P. L., 'Female investors in the first English and Welsh commercial joint-stock banks', Accounting, Business & Financial History, 16 (2006), pp. 315-40.
57. Parkinson, H., Ownership of industry (1951).
58. Platt, D. C. M., 'British portfolio investment overseas before 1870: some doubts', Economic History Review, 2nd ser., XXXIII (1980), pp. 1-16.
59. Pollard, S., 'Capital exports, 1870-1914: harmful or beneficial?', Economic History Review, 2nd ser., XXXVIII (1985), pp. 489-514.
60. Pollard, S., The development of the British economy 1914-90 (1992).
61. Poovey, M., ed., The financial system in nineteenth-century Britain (Oxford, 2003).
62. Poovey, M., 'Writing about finance in Victorian England: disclosure and secrecy in the culture of investment', in N. Henry and C. Schmitt, eds., Victorian investments: new perspectives on finance and culture (Bloomington, 2009), pp. 39-57.
63. Powell, E. T., 'The democratisation of investment', Financial Review of Reviews, 19, Sept. (1919), pp. 243-58.
64. Robb, G., White-collar crime in modern England: financial fraud and business morality, 1845-1929 (Cambridge, 1992).
65. Robb, G., 'Ladies of the ticker: women, investment and fraud in England and America, 1850-1930', in N. Henry and C. Schmitt, eds., Victorian investments: new perspectives on finance and culture (Bloomington, 2009), pp. 120-40.
66. Rutterford, J., 'Gross or net? The role of taxation in the history of equity valuation', Accounting History, 15 (2010), pp. 41-64.
67. Rutterford, J. and Maltby, J., '"The widow, the clergyman and the reckless": women investors in England, 1830-1914', Feminist Economics, 12 (2006), pp. 111-38.
68. Rutterford, J. and Maltby, J., 'The nesting instinct: women and investment risk in a historical context', Accounting History, 12 (2007), pp. 305-27.
69. Rutterford, J., Maltby, J., Green, D. R., and Owens, A., 'Researching shareholding and investment in England and Wales: approaches, sources and methods', Accounting History, 14 (2009), pp. 269-92.
70. Shanley, M. L., Feminism, marriage, and the law in Victorian England (Princeton, N.J., 1989).
71. Swan, C., 'Female investors within the Scottish investment trust movement in the 1870s', in E. A. Laurence, J. Maltby, and J. Rutterford, eds., Women and their money, 1700-1950: essays on women and finance (2009), pp. 178-96.
72. Turner, J. D., 'Wider share ownership?: investors in English and Welsh Bank shares in the nineteenth century', Economic History Review, 62, S1 (2009), pp. 167-92.
73. Vissink, H. G. A., Economic and financial reporting in England and the Netherlands: a comparative study over the period 1850 to 1914 (Assen, 1985).
74. Wagner, T. S., 'Speculators at home in the Victorian novel: making stock-market villains and new paper fictions', Victorian Literature and Culture, 36 (2008), pp. 21-40.
75. Wilkins, M., The history of foreign investment in the United States to 1914 (Cambridge, Mass., 1989).
76. Wormell, J., The management of the national debt of the United Kingdom, 1900-32 (New York, 1999).