Encyclopedia of Early Modern History Online

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(1,649 words)

1. Stocks

The term share denotes the legal relationship between the shareholder and the joint stock company. The share represents both a fraction of the original capital and an equity interest on the part of the shareholder. Today, the share documents both property rights (e.g. entitlement to earnings, subscription rights) and administrative rights (e.g. voting rights). The form of participation through shares was invented by the Netherlands East India Company in 1602 (East India companies). The first shares were made out …

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Walter, Rolf and Denzel, Markus A., “Share”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 03 October 2023 <http://dx.doi.org/10.1163/2352-0272_emho_COM_016683>
First published online: 2015
First print edition: 20180208

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