The Medieval Super-Companies: A Study of the Peruzzi Company of Florence
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.
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List of tables figures and map page ix
The company and the family
The nature of the business
The structure of the Peruzzi Company
The accounting of the Peruzzi Company
The prosperous years 13001324
The decline begins 13251335
The critical years 13351340
Al Detail of others balances at July 1 1335
Peruzzi Company and shareholder data
A6 Changes in company loan balances
Exchange rate trends
Other editions - View all
accounts active addition advances amount appears Arnoldo assets balances Bank bankruptcy Bardi Bardi and Peruzzi Book branch capital cash century Chap Chapter charge claims close cloth commune company's continued costs creditors debts deposits discussed early Edward England English entry especially evidence example expense fact factors figures Filippo final financing firms Florence Florentine florins foreign France Fryde funds further Giotto Giovanni given grain History important indicate interest involved Italian Italy July king later less liabilities libri loans losses March Medieval merchants Naples needs noted operations organization Pacino pany papacy papal percent period Peruzzi Company political position possible probably profit reason received recorded relations remained reported result Sapori share shareholders significant southern Storia suggests sums super-companies Table tion Tommaso trade Villani wool
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