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The Medieval Super-Companies: A Study of the Peruzzi Company of Florence
Contributor(s): Hunt, Edwin S. (Author)
ISBN: 0521461561     ISBN-13: 9780521461566
Publisher: Cambridge University Press
OUR PRICE:   $114.00  
Product Type: Hardcover - Other Formats
Published: September 1994
Qty:
Annotation: This book breaks new ground by focusing on the great Florentine "super-companies" of the early fourteenth century in their own right. The author closely examines the Peruzzi Company in particular, describing its ownership, family connections, scope of business, organization structure, accounting systems, and its history from 1300 to its dissolution in bankruptcy court in 1347. From this analysis, the author offers a radical reassessment of the nature and role of these extraordinary organizations. He establishes that although they engaged in all forms of commerce in substantial volume, what made them exceptional was commodity trading, especially in grain, which they conducted on a heroic scale. It was this activity that required heavy capital, sophisticated organization, and an international network. But the author also exposes the limitations of their financial power and explodes the myth that their downfall was caused mainly by bad loans to Edward III to finance his invasions of France. This book is much more than a business history. It presents the operations of these companies in the context of the swiftly moving political, military, and economic developments in Florence, the Mediterranean, and western Europe during a tumultuous period.
Additional Information
BISAC Categories:
- Business & Economics | Commerce
- History | Europe - General
Dewey: 380.106
LCCN: 93040289
Physical Information: 0.8" H x 6.23" W x 9.35" (1.30 lbs) 304 pages
Themes:
- Chronological Period - Medieval (500-1453)
- Cultural Region - Italy
 
Descriptions, Reviews, Etc.
Publisher Description:
This book breaks new ground by presenting a detailed description and history of one of the most famous companies of the early fourteenth century. This analysis of the Peruzzi Company produces a radical reassessment of what made the Florentine super-companies so exceptional: commodity trading, especially in grain, which required heavy capital, sophisticated organization, and an international network. But the book also exposes the limitations of their financial power, and explodes the myth that the collapse of the Peruzzi and its joint-venture partner, the Bardi, was caused by bad loans to Edward III to finance his invasions of France.