Between Norm and Practice (15th to 21st Century)
Mechthild Isenmann - Before Bankruptcy: Conflict Solution Strategies of Upper German Trading Companies in the Fifteenth and ‘Long’ Sixteenth Centuries
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Before Bankruptcy: Conflict Solution Strategies of Upper German Trading Companies in the Fifteenth and ‘Long’ Sixteenth Centuries
As an organisational form,1 family companies formed a central basic constant in the economic centres of Nuremberg and Augsburg in the Early Modern Era.2 The term ‘family’ is defined in a very broad, variable and dynamic way here, as a family recruited members from among its close or distant relatives, people related by marriage and, in some cases, those linked only by friendship, thus constantly changing, expanding and shrinking. In addition, the Upper German companies of such “relationship families”3 formed a “contract-based association of multiple persons for gainful economic employment”,4 whose identity was designed above all for longevity, continuity and trust5 and that were active in trading goods and credit with the help of flexible networks and clientele structures.6 ← 27 | 28 →
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