Amini, S and Toms, S orcid.org/0000-0002-6147-7828 (2018) Accessing capital markets: Aristocrats and new share issues in the British bicycle boom of the 1890s. Business History, 60 (2). pp. 231-256. ISSN 0007-6791
Abstract
The article reconsiders the mid-1890s boom in which a large number of firms in the bicycle, pneumatic tyre and related industries were floated. It investigates why so many of these issues featured aristocratic directors in their prospectuses and finds that they represented social connections that were a necessary condition for regional industrial firms to gain a London listing. The case shows that the role and value of these directors was to access capital markets and financial resources, as opposed to a temporary aberration designed to inflate share prices and mislead investors.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | (c) 2017, Informa UK Limited, trading as Taylor & Francis Group. This is an Accepted Manuscript of an article published by Taylor & Francis in Business History on 10 April 2017, available online: https://doi.org/10.1080/00076791.2017.1310196 |
Keywords: | Cycle, pneumatic tyres, initial public offerings, aristocracy, United Kingdom |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 20 Mar 2017 15:45 |
Last Modified: | 10 Oct 2018 00:38 |
Status: | Published |
Publisher: | Taylor & Francis |
Identification Number: | 10.1080/00076791.2017.1310196 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:113826 |