Concept
Privately held company
Overview
business with a small number of owners
Overview adapted from Wikipedia (CC BY-SA 4.0; see the article history for authors).
Possible passages
Found by search and not yet checked by a person; they may only mention the idea in passing.
In 1722, this company petitioned the parliament to be allowed to divide their immense capital of more than thirty-three millions eight hundred thousand pounds, the whole of which been lent to government, into two equal parts; the one half, or upwards of sixteen millions nine hundred thousand pounds, to be put upon the same footing with other government annuities, and not to be subject to the debts contracted, or…
Adam Smith, An Inquiry Into the Nature and Causes of the Wealth of Nations
Close in meaning to Privately held company; the term itself is not named.
In our own day, a special field has been opened within which corruption may flourish, in the development of public utility companies. Railways, city transportation systems, telegraph and telephone systems, the distribution of water and light, require public franchises, for they either employ public highways or they call upon the State to exercise its power of eminent domain. These enterprises can be carried on…
John Dewey, Ethics
Close in meaning to Privately held company; the term itself is not named.
Into this act it was thought worth while to insert a clause, allowing the separate traders to continue their trade till Michaelmas 1711; but at the same time empowering the directors, upon three years notice, to redeem their little capital of seven thousand two hundred pounds, and thereby to convert the whole stock of the company into a joint stock. By the same act, the capital of the company, in consequence of a…
Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
Close in meaning to Privately held company; the term itself is not named.
Related ideas
- India
- Private property
- South Africa
- Library of Congress
- Collective ownership
- United Kingdom
- United States
- State ownership
- Australia
- Wiley (publisher)
- Economy
- Eastern Bloc
Opposing perspectives
Place in the tradition
Part of Social democracy.