Working Papers

J-series

Date:

Number:CARF-J-010

明治31年時における綿糸紡績会社株主名簿の分析 (改訂の上、鈴木恒夫・小早川洋一・和田一夫 著『企業家ネットワークの形成と展開 −データベースからみた近代日本の地域経済− 』(名古屋大学出版会、2009年)に掲載)

Author:鈴木恒夫/小早川洋一/和田一夫

Abstract

The cotton spinning companies played an important role in Japanese economic development during the Meiji era. Setting up these businesses required large capital investments. Who financed these companies? More concretely, who were their shareholders? This paper aims to identify shareholders' characteristics at 60 cotton spinning companies in 1898. In order to do this, we have created a database of all shareholders in these companies in 1898, as well as a database of all merchants and industrialists listed in the National Directory of Commerce and Industry (1898 edition).Our main findings are as follows:1) Most of the shares were owned by people who lived outside the Tokyo or Osaka areas, in the local areas where a company was established.2) The income level of most shareholders was mainly in the range of 500 – 2000 yen. The role of those with very high incomes as shareholder should not be overemphasized.

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