Voorcompagnie
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Voorcompagnie
A voorcompagnie (pre-company) is the naming given to the trading companies from the Republic of the Seven United Netherlands that traded in Asia between 1594 and 1602, before they all merged to form the Dutch East India Company (VOC). The pre-companies were financed by merchants from the Northern Netherlands and rich immigrants from the Southern Netherlands. Because of the deadly competition, the government forced the smaller trading companies to unite and form the (United) East India Company, that on its turn received the exclusive rights for the trade with Asia for the following 21 years., ''De VOC en het Aziatische handelssysteem'' (1992) History In the seven years before the founding of the VOC, 12 pre-companies were formed: According to Jaap ter Haar, "they were sailing the coins out of each other's pockets and the shoes off each other's feet"., ''Geschiedenis van de Lage Landen / 2 Heersers der Nederlanden / druk 1: heersers der Nederlanden'' (2008:226). Uitgeverij Kok. . ...
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Dutch East India Company
The United East India Company ( nl, Verenigde Oostindische Compagnie, the VOC) was a chartered company established on the 20th March 1602 by the States General of the Netherlands amalgamating existing companies into the first joint-stock company in the world, granting it a 21-year monopoly to carry out trade activities in Asia. Shares in the company could be bought by any resident of the United Provinces and then subsequently bought and sold in open-air secondary markets (one of which became the Amsterdam Stock Exchange). It is sometimes considered to have been the first multinational corporation. It was a powerful company, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, strike its own coins, and establish colonies. They are also known for their international slave trade. Statistically, the VOC eclipsed all of its rivals in the Asia trade. Between 1602 and 1796 the VOC sent almost a million E ...
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