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Shareholder Activism in the Virginia Company of London, 1606–1624

In: Origins of Shareholder Advocacy

Author

Listed:
  • Thomas Hall

Abstract

The Virginia Company of London (VCL) was founded in 1606 under charter of James I of England. Although successful in terms of founding the longest-lasting, continuously settled English colony in North America at Jamestown, the firm was an abysmal failure for its shareholders, employees, settlers, and managers. Our key finding is that two issues—shareholder activism and the role of the state—each had ambiguous impacts on the firm’s performance, with sometimes positive and sometimes negative consequences.

Suggested Citation

  • Thomas Hall, 2011. "Shareholder Activism in the Virginia Company of London, 1606–1624," Palgrave Macmillan Books, in: Jonathan G S Koppell (ed.), Origins of Shareholder Advocacy, chapter 0, pages 123-143, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-11666-5_6
    DOI: 10.1057/9780230116665_6
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