Dutch East India Company
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The Dutch East India Company (Vereenigde Oost-Indische Compagnie or VOC in old Dutch), started in 1602, when the Netherlands gave it a 21-year monopoly to trade in Asia. It was the first multinational corporation in the world and the first company to issue stock.[1] The VOC had the power to start wars, make treaties, make its own money, and start new colonies.[2]
It was an important company for almost 200 years, until it became bankrupt in 1800.[3] The VOC's colonies became the Dutch East Indies and later became Indonesia.
[change] References
- ↑ Mondo Visione web site: Chambers, Clem. "Who needs stock exchanges?" Exchanges Handbook. -- retrieved February 1, 2008.
- ↑ Ames, Glenn J. (2008). The Globe Encompassed: The Age of European Discovery, 1500-1700, pp. 102-103.
- ↑ Ricklefs, M.C. (1991). A History of Modern Indonesia Since c.1300, 2nd Edition. London: MacMillan, p.110. ISBN 0-333-57689-6.
