메뉴 건너뛰기




Volumn 64, Issue 1, 2011, Pages 188-213

Investor behaviour in a nascent capital market: Scottish bank shareholders in the nineteenth century

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; CAPITAL MARKET; ECONOMIC HISTORY; LENDING BEHAVIOR; NINETEENTH CENTURY; STAKEHOLDER; STOCK MARKET;

EID: 78650775404     PISSN: 00130117     EISSN: 14680289     Source Type: Journal    
DOI: 10.1111/j.1468-0289.2010.00524.x     Document Type: Article
Times cited : (23)

References (48)
  • 1
    • 33645537263 scopus 로고    scopus 로고
    • 'The impact of limited liability on ownership and control: Irish banking, 1877-1914'
    • Acheson, G. G. and Turner, J. D., 'The impact of limited liability on ownership and control: Irish banking, 1877-1914', Economic History Review, 59 (2006), pp. 320-46.
    • (2006) Economic History Review , vol.59 , pp. 320-346
    • Acheson, G.G.1    Turner, J.D.2
  • 2
    • 44449130414 scopus 로고    scopus 로고
    • 'The death blow to unlimited liability in Victorian Britain: the City of Glasgow failure'
    • Acheson, G. G. and Turner, J. D., 'The death blow to unlimited liability in Victorian Britain: the City of Glasgow failure', Explorations in Economic History, 45 (2008), pp. 235-53.
    • (2008) Explorations in Economic History , vol.45 , pp. 235-253
    • Acheson, G.G.1    Turner, J.D.2
  • 3
    • 84982626307 scopus 로고
    • 'Another Victorian capital market: a study of banking and bank investors on Merseyside'
    • 2nd ser.,
    • Anderson, B. L. and Cottrell, P. L., 'Another Victorian capital market: a study of banking and bank investors on Merseyside', Economic History Review, 2nd ser., XXVIII (1975), pp. 600-15.
    • (1975) Economic History Review , vol.28 , pp. 600-615
    • Anderson, B.L.1    Cottrell, P.L.2
  • 5
    • 78650770972 scopus 로고
    • Railways in the Victorian economy: studies in finance and economic growth
    • M. C. Reed, ed., New York,
    • Broadbridge, S. A., 'The sources of railway share capital', in M. C. Reed, ed., Railways in the Victorian economy: studies in finance and economic growth (New York, 1968), pp. 184-211.
    • (1968) 'The sources of railway share capital' , pp. 184-211
    • Broadbridge, S.A.1
  • 6
    • 77949862101 scopus 로고
    • Early Scottish joint-stock companies
    • Glasgow,
    • Brown, R., Early Scottish joint-stock companies (Glasgow, 1903).
    • (1903)
    • Brown, R.1
  • 7
    • 84980886574 scopus 로고
    • 'Edinburgh banks and the Western Bank of Scotland'
    • Campbell, R., 'Edinburgh banks and the Western Bank of Scotland', Scottish Journal of Political Economy, 2 (1955), pp. 133-48.
    • (1955) Scottish Journal of Political Economy , vol.2 , pp. 133-148
    • Campbell, R.1
  • 8
    • 0003572898 scopus 로고
    • Scottish banking: a history, 1695-1973
    • Glasgow,
    • Checkland, S. G., Scottish banking: a history, 1695-1973 (Glasgow, 1975).
    • (1975)
    • Checkland, S.G.1
  • 9
    • 77949860818 scopus 로고
    • 'Joint stock enterprise in Scotland before the Companies Acts'
    • Christie, J. R., 'Joint stock enterprise in Scotland before the Companies Acts', Juridical Review, 21 (1909), pp. 128-47.
    • (1909) Juridical Review , vol.21 , pp. 128-147
    • Christie, J.R.1
  • 10
    • 0007884883 scopus 로고    scopus 로고
    • 'Home bias: local equity preference in domestic portfolios'
    • Coval, J. and Moskowitz, T., 'Home bias: local equity preference in domestic portfolios', Journal of Finance, 54 (1999), pp. 2045-73.
    • (1999) Journal of Finance , vol.54 , pp. 2045-2073
    • Coval, J.1    Moskowitz, T.2
  • 11
    • 0035997430 scopus 로고    scopus 로고
    • 'Gender differences in revealed risk taking: evidence from mutual fund investors'
    • Dwyer, P. D., Gilkeson, J. H., and List, J. A., 'Gender differences in revealed risk taking: evidence from mutual fund investors', Economics Letters, 76 (2002), pp. 151-8.
    • (2002) Economics Letters , vol.76 , pp. 151-158
    • Dwyer, P.D.1    Gilkeson, J.H.2    List, J.A.3
  • 13
    • 24644447925 scopus 로고
    • 'Shareholder liability regimes, principal-agent relationships, and banking industry performance'
    • Evans, L. T. and Quigley, N. C., 'Shareholder liability regimes, principal-agent relationships, and banking industry performance', Journal of Law and Economics, 38 (1995), pp. 497-520.
    • (1995) Journal of Law and Economics , vol.38 , pp. 497-520
    • Evans, L.T.1    Quigley, N.C.2
  • 14
    • 33847238370 scopus 로고    scopus 로고
    • 'Disagreement, tastes, and asset prices'
    • Fama, E. F. and French, K. R., 'Disagreement, tastes, and asset prices', Journal of Financial Economics, 83 (2007), pp. 667-89.
    • (2007) Journal of Financial Economics , vol.83 , pp. 667-689
    • Fama, E.F.1    French, K.R.2
  • 15
    • 44449126436 scopus 로고
    • 'On the theory and practice of banking in Scotland'
    • Fleming, J., 'On the theory and practice of banking in Scotland', Journal of the Institute of Bankers, 4 (1883), pp. 129-58.
    • (1883) Journal of the Institute of Bankers , vol.4 , pp. 129-158
    • Fleming, J.1
  • 16
    • 34748879198 scopus 로고    scopus 로고
    • "Different and better?" Scottish joint-stock companies and the law, c. 1720-1845'
    • Freeman, M., Pearson, R., and Taylor, J., '"Different and better?" Scottish joint-stock companies and the law, c. 1720-1845', English Historical Review, 72 (2007), pp. 61-81.
    • (2007) English Historical Review , vol.72 , pp. 61-81
    • Freeman, M.1    Pearson, R.2    Taylor, J.3
  • 17
    • 33847320533 scopus 로고    scopus 로고
    • 'Local ownership as private information: evidence on the monitoring-liquidity trade-off'
    • Gaspar, J. and Massa, M., 'Local ownership as private information: evidence on the monitoring-liquidity trade-off', Journal of Financial Economics, 83 (2007), pp. 751-92.
    • (2007) Journal of Financial Economics , vol.83 , pp. 751-792
    • Gaspar, J.1    Massa, M.2
  • 18
    • 0004168711 scopus 로고
    • The growth and fluctuation of the British economy
    • Oxford,
    • Gayer, A. D., Rostow, W. W., and Jacobson Schwartz, A., The growth and fluctuation of the British economy (Oxford, 1953).
    • (1953)
    • Gayer, A.D.1    Rostow, W.W.2    Jacobson Schwartz, A.3
  • 19
    • 0942267276 scopus 로고    scopus 로고
    • 'Trading in the shares of unlimited liability banks in nineteenth century Ireland: the Bagehot hypothesis'
    • Hickson, C. R. and Turner, J. D., 'Trading in the shares of unlimited liability banks in nineteenth century Ireland: the Bagehot hypothesis', Journal of Economic History, 63 (2003), pp. 931-58.
    • (2003) Journal of Economic History , vol.63 , pp. 931-958
    • Hickson, C.R.1    Turner, J.D.2
  • 20
    • 0942279940 scopus 로고    scopus 로고
    • 'Shareholder liability regimes in English banking: the impact upon the market for shares'
    • Hickson, C. R. and Turner, J. D., 'Shareholder liability regimes in English banking: the impact upon the market for shares', European Review of Economic History, 63 (2003), pp. 99-125.
    • (2003) European Review of Economic History , vol.63 , pp. 99-125
    • Hickson, C.R.1    Turner, J.D.2
  • 21
    • 3042846050 scopus 로고    scopus 로고
    • 'Free banking and the stability of early joint-stock banking'
    • Hickson, C. R. and Turner, J. D., 'Free banking and the stability of early joint-stock banking', Cambridge Journal of Economics, 28 (2004), pp. 903-19.
    • (2004) Cambridge Journal of Economics , vol.28 , pp. 903-919
    • Hickson, C.R.1    Turner, J.D.2
  • 22
    • 15244359501 scopus 로고    scopus 로고
    • 'The genesis of corporate governance: nineteenth century Irish joint-stock banks'
    • Hickson, C. R. and Turner, J. D., 'The genesis of corporate governance: nineteenth century Irish joint-stock banks', Business History, 47 (2005), pp. 174-89.
    • (2005) Business History , vol.47 , pp. 174-189
    • Hickson, C.R.1    Turner, J.D.2
  • 23
    • 0035595262 scopus 로고    scopus 로고
    • 'Familiarity breeds investment'
    • Huberman, G., 'Familiarity breeds investment', Review of Financial Studies, 14 (2001), pp. 659-80.
    • (2001) Review of Financial Studies , vol.14 , pp. 659-680
    • Huberman, G.1
  • 24
    • 84977244493 scopus 로고
    • 'The denomination and character of shares, 1855-85'
    • 2nd ser.,
    • Jefferys, J. B., 'The denomination and character of shares, 1855-85', Economic History Review, 2nd ser., XVI (1946), pp. 45-55.
    • (1946) Economic History Review , vol.16 , pp. 45-55
    • Jefferys, J.B.1
  • 25
    • 0010149271 scopus 로고
    • Business organisation in Great Britain 1856-1914
    • New York,
    • Jefferys, J. B., Business organisation in Great Britain 1856-1914 (New York, 1977).
    • (1977)
    • Jefferys, J.B.1
  • 26
  • 28
    • 0011676693 scopus 로고
    • Scottish banking during the period of published accounts, 1865-96
    • Kerr, A. W., Scottish banking during the period of published accounts, 1865-96 (1898).
    • (1898)
    • Kerr, A.W.1
  • 29
    • 0011675860 scopus 로고
    • History of banking in Scotland
    • Kerr, A. W., History of banking in Scotland (1908).
    • (1908)
    • Kerr, A.W.1
  • 30
    • 78650799096 scopus 로고    scopus 로고
    • The new Palgrave dictionary of law and economics
    • P. Newman, ed.,
    • Kraakman, R., 'Unlimited shareholder liability', in P. Newman, ed., The new Palgrave dictionary of law and economics (1998), pp. 648-54.
    • (1998) 'Unlimited shareholder liability' , pp. 648-654
    • Kraakman, R.1
  • 31
    • 84995186518 scopus 로고
    • 'Portfolio selection'
    • Markowitz, H. M., 'Portfolio selection', Journal of Finance, 7 (1952), pp. 77-91.
    • (1952) Journal of Finance , vol.7 , pp. 77-91
    • Markowitz, H.M.1
  • 32
    • 84925917515 scopus 로고
    • 'The transfer of shares in Scotland, 1700-1820'
    • Michie, R. C., 'The transfer of shares in Scotland, 1700-1820', Business History, 20 (1978), pp. 153-64.
    • (1978) Business History , vol.20 , pp. 153-164
    • Michie, R.C.1
  • 33
    • 5844403521 scopus 로고
    • Money, mania and markets: investment, company formation and the stock exchange in nineteenth-century Scotland
    • Edinburgh,
    • Michie, R. C., Money, mania and markets: investment, company formation and the stock exchange in nineteenth-century Scotland (Edinburgh, 1981).
    • (1981)
    • Michie, R.C.1
  • 34
    • 84980221535 scopus 로고
    • 'The London stock exchange and the British securities market, 1850-1914'
    • 2nd ser.,
    • Michie, R. C., 'The London stock exchange and the British securities market, 1850-1914', Economic History Review, 2nd ser., XXXVIII (1985), pp. 61-82.
    • (1985) Economic History Review , vol.38 , pp. 61-82
    • Michie, R.C.1
  • 36
    • 0038326117 scopus 로고
    • The Scottish provincial banking companies 1747-1864
    • Edinburgh,
    • Munn, C. W., The Scottish provincial banking companies 1747-1864 (Edinburgh, 1981).
    • (1981)
    • Munn, C.W.1
  • 37
    • 0010215165 scopus 로고
    • Clydesdale Bank: the first hundred and fifty years
    • Glasgow,
    • Munn, C. W., Clydesdale Bank: the first hundred and fifty years (Glasgow, 1988).
    • (1988)
    • Munn, C.W.1
  • 39
    • 33745821239 scopus 로고    scopus 로고
    • 'Female investors in the first English and Welsh commercial joint-stock banks'
    • Newton, L. and Cottrell, P. L., 'Female investors in the first English and Welsh commercial joint-stock banks', Accounting, Business and Financial History, 16 (2006), pp. 315-40.
    • (2006) Accounting, Business and Financial History , vol.16 , pp. 315-340
    • Newton, L.1    Cottrell, P.L.2
  • 40
    • 0035652330 scopus 로고    scopus 로고
    • 'Business networking in the industrial revolution'
    • Pearson, R. and Richardson, D., 'Business networking in the industrial revolution', Economic History Review, LIV (2001), pp. 657-79.
    • (2001) Economic History Review , vol.54 , pp. 657-679
    • Pearson, R.1    Richardson, D.2
  • 41
    • 78650796948 scopus 로고
    • Railways in the Victorian economy: studies in finance and economic growth
    • M. C. Reed, ed., New York,
    • Reed, M. C., 'Railways and the growth of the capital market', in M. C. Reed, ed., Railways in the Victorian economy: studies in finance and economic growth (New York, 1968), pp. 162-83.
    • (1968) 'Railways and the growth of the capital market' , pp. 162-183
    • Reed, M.C.1
  • 42
    • 0007248936 scopus 로고
    • Investment in railways in Britain 1820-44: a study in the development of the capital market
    • Oxford,
    • Reed, M. C., Investment in railways in Britain 1820-44: a study in the development of the capital market (Oxford, 1975).
    • (1975)
    • Reed, M.C.1
  • 43
    • 33645638765 scopus 로고    scopus 로고
    • "The widow, the clergyman and the reckless": women investors in England 1830-1914'
    • Rutterford, J. and Maltby, J. A., '"The widow, the clergyman and the reckless": women investors in England 1830-1914', Feminist Economics, 12 (2006), pp. 111-38.
    • (2006) Feminist Economics , vol.12 , pp. 111-138
    • Rutterford, J.1    Maltby, J.A.2
  • 44
    • 67651099805 scopus 로고    scopus 로고
    • "The nesting instinct": women and investment risk in a historical context'
    • Rutterford, J. and Maltby, J. A., '"The nesting instinct": women and investment risk in a historical context', Accounting History, 12 (2007), pp. 305-27.
    • (2007) Accounting History , vol.12 , pp. 305-327
    • Rutterford, J.1    Maltby, J.A.2
  • 45
    • 33746863530 scopus 로고
    • The life cycle of the Union Bank of Scotland 1830-1954
    • Aberdeen,
    • Tamaki, N., The life cycle of the Union Bank of Scotland 1830-1954 (Aberdeen, 1983).
    • (1983)
    • Tamaki, N.1
  • 46
    • 67651098051 scopus 로고    scopus 로고
    • Creating capitalism: joint-stock enterprise in British politics and culture, 1800-70
    • Taylor, J., Creating capitalism: joint-stock enterprise in British politics and culture, 1800-70 (2006).
    • (2006)
    • Taylor, J.1
  • 47
    • 0002573243 scopus 로고
    • The provincial stock exchanges
    • Thomas, W. A., The provincial stock exchanges (1973).
    • (1973)
    • Thomas, W.A.1
  • 48
    • 78650780373 scopus 로고    scopus 로고
    • The history of the company: development of the business corporation, 1700-1914
    • R. Pearson, ed.,
    • Watt, H., 'The theory and practice of joint-stock banking', in R. Pearson, ed., The history of the company: development of the business corporation, 1700-1914 (2007), pp. 205-52.
    • (2007) 'The theory and practice of joint-stock banking' , pp. 205-252
    • Watt, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.