IDEAS home Printed from https://ideas.repec.org/p/cfi/jseres/cj010.html
   My bibliography  Save this paper

An Analysis of Shareholders' Lists for 60 Cotton Spinning Companies in 1898

Author

Listed:
  • Yoichi Kobayakawa

    (Department of Management, College of Business, Administration and Information Science, Chubu University)

  • Suzuki Tsuneo

    (Department of Economics, Gakushuin University)

  • Kazuo Wada

    (Faculty of Economics, The University of Tokyo)

Abstract

The cotton spinning companies played an important role in Japanese economic development during the Meiji era. Setting up these businesses required large capital investments. Who financed these companies? More concretely, who were their shareholders? This paper aims to identify shareholders' characteristics at 60 cotton spinning companies in 1898. In order to do this, we have created a database of all shareholders in these companies in 1898, as well as a database of all merchants and industrialists listed in the National Directory of Commerce and Industry (1898 edition). Our main findings are as follows: 1) Most of the shares were owned by people who lived outside the Tokyo or Osaka areas, in the local areas where a company was established. 2) The income level of most shareholders was mainly in the range of 500 - 2000 yen. The role of those with very high incomes as shareholder should not be overemphasized.

Suggested Citation

  • Yoichi Kobayakawa & Suzuki Tsuneo & Kazuo Wada, 2005. "An Analysis of Shareholders' Lists for 60 Cotton Spinning Companies in 1898," CARF J-Series CARF-J-010, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    • Handle: RePEc:cfi:jseres:cj010
    as

    Download full text from publisher

    File URL: http://www.carf.e.u-tokyo.ac.jp/pdf/workingpaper/jseries/11.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cfi:jseres:cj010. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/catokjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.