Swanepoel, C;
Graham, A;
(2021)
Banking on Family: What Was the Role of Family in the Establishment of Banks in 19th-Century South Africa?
Journal of Southern African Studies
, 47
(3)
pp. 455-472.
10.1080/03057070.2021.1903773.
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Abstract
Banks act as intermediaries between those with funds and those who seek funds for economic enterprises. They are a source of credit and capital investment, and their economic value is clear. Less is known about the role of social connections in the establishment of banks. Using data from 19th-century South Africa, we study the establishment of colonial banks and their shareholder profile. We show, using network analysis, that family connections and influential individuals were crucial to the establishment of these banks. This research opens new lines of inquiry into how these network structures may have influenced the success of these ventures as well.
| Type: | Article |
|---|---|
| Title: | Banking on Family: What Was the Role of Family in the Establishment of Banks in 19th-Century South Africa? |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1080/03057070.2021.1903773 |
| Publisher version: | https://doi.org/10.1080/03057070.2021.1903773 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher's terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of History |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10131599 |
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