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Title
The House of Tata meets the second Industrial Revolution : an institutional analysis of Tata Iron and Steel Co. in colonial India / Chikayoshi Nomura.
ISBN
9789811086786 (electronic book)
9811086788 (electronic book)
9789811086779
981108677X
Published
Singapore : Springer, [2018]
Copyright
©2018
Language
English
Description
1 online resource.
Other Standard Identifiers
10.1007/978-981-10-8678-6 doi
Call Number
HD9526.I44 T38 2018eb
Dewey Decimal Classification
338.4/76691420954
Summary
This monograph aims to analyze the economic and business history of colonial India from a corporate perspective by clarifying the historical role of institutional developments based on archival evidence of a representative enterprise. The perspective is distinctively unique in that it highlights the salience of corporate-level institutional responses to explain the causes of colonial India’s industrial growth, in addition to two renowned perspectives focusing on government economic policy or factor endowment. One of the driving forces of India’s high growth rate since the 1980s is the expansion of modern business corporations whose origins date back to the colonial era in the mid-nineteenth century. This monograph explores the historical foundation of the growth of such corporations in colonial India, guided by a substantial collection of documents of Tata Iron and Steel Company, whose rich records have not received the due attention they have long deserved. As clarified by numerous economic and business historians of leading industrialized countries since the works of Douglass North and Alfred Chandler, this study as well proposes that the development of modern business corporations in colonial India was broadly supported by the reciprocal evolution of economic institutions and corporate organizations. Adding a new perspective to the business and economic history of colonial India, the analysis also provides an important case study of the development of corporate business in the non-Western world to the study of global business history.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Digital File Characteristics
text file PDF
Source of Description
Online resource ; title from PDF title page (viewed April 23, 2018).
Series
Studies in economic history (Springer (Firm))
Available in Other Form
Print version: 9789811086779
1 Introduction
2 The development of the modern business corporation in 19th century India: Building the foundations for the emergence of TISCO in the 20th century
3 TISCO during the decade of the 1900s: The Formation period
4 Initial failure to produce competitive steel, capitalization problems and the institution of an internal financing system
5 Labour unrest and the introduction of a direct labour management system
6 The financial crisis of the 1920s, the introduction of tariff protection and “imperial commitment”
7 Continuing labour unrest, efficiency enhancing schemes and improvements in labour productivity during the late 1920s
8 The 1930s: Failure in export-oriented development and conservative attitudes towards further expansion
9 Conclusion
Index
Bibliography.
