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Entrepreneurial enterprise and 'image' in the nineteenth-century trading firm: Shaping the legal environment for business

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  • Carol Matheson Connell

Abstract

Jardine Matheson & Company, a 200-year-old Hong Kong trading company that began as a house of agency, has evolved to become a contemporary Asian multinational. This article focuses on the entrepreneurial ambition of founders William Jardine and James Matheson, the importance of reputation both to legitimacy and the survival and growth of the firm, with emphasis on the role played by the founders in shaping the legal environment for trade with China. The study uses Edith Penrose's Theory of the Growth of the Firm as a principal interpretive framework and draws its evidence from the founders' original letters and a previously unexamined resource, the free trade treatise of James Matheson called Present Position and Prospects of the British Trade with China.

Suggested Citation

  • Carol Matheson Connell, 2006. "Entrepreneurial enterprise and 'image' in the nineteenth-century trading firm: Shaping the legal environment for business," Business History, Taylor & Francis Journals, vol. 48(2), pages 193-219.
    • Handle: RePEc:taf:bushst:v:48:y:2006:i:2:p:193-219
    DOI: 10.1080/00076790600576776
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    References listed on IDEAS

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    1. Pitelis, Christos (ed.), 2002. "The Growth of the Firm: The Legacy of Edith Penrose," OUP Catalogue, Oxford University Press, number 9780199248520, Decembrie.
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    Cited by:

    1. Jones, Geoffrey & Pitelis, Christos, 2015. "Entrepreneurial Imagination and a Demand and Supply-side Perspective on the MNE and Cross-border Organization," Journal of International Management, Elsevier, vol. 21(4), pages 309-321.

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