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The House of Tata Meets the Second Industrial Revolution - An Institutional Analysis of Tata Iron and Steel Co. in Colonial India (Paperback, Softcover reprint of the original 1st ed. 2018)
Loot Price: R4,449
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The House of Tata Meets the Second Industrial Revolution - An Institutional Analysis of Tata Iron and Steel Co. in Colonial India (Paperback, Softcover reprint of the original 1st ed. 2018)
Series: Studies in Economic History
Expected to ship within 10 - 15 working days
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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.
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