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The Rothschild House business network in Spain as an example of entrepreneurial decision-taking and management structure


  • Miguel A. López-Morell

    () (Universidad de Murcia)

  • José M. O’Kean

    () (Department of Economics, Universidad Pablo de Olavide)


In the period between 1835 and 1931 the Rothschild House established one of the most complex and influential business networks in Spanish economic history. This network controlled a wide range of activities, including financial services for the Spanish Government and the Bank of Spain, as well as the management of industrial, mining and railway firms. Instances of these firms are Rio Tinto Co., Société Minière et Metallurgique Peñarroya, MZA railway company and Deutsch & Cie, which was the main oil refining firm in Spain at the end of the 19th century.

Suggested Citation

  • Miguel A. López-Morell & José M. O’Kean, 2006. "The Rothschild House business network in Spain as an example of entrepreneurial decision-taking and management structure," Working Papers 06.32, Universidad Pablo de Olavide, Department of Economics.
  • Handle: RePEc:pab:wpaper:06.32

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    More about this item


    Spain 1835-1931; Rothschild; networks; Weisweiller; Bauer; foreign investments in Spain; railways; mining and refining companies; international raw material market; Public Finances; entrepreneurial function; agency problems; rent-seeking.;

    JEL classification:

    • N00 - Economic History - - General - - - General

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