Social Capital Versus Commercial Profits: The Impact of Networks on Decision-Making in Early Modern Banks

Matringe, Nadia

doi:10.1007/978-3-319-42076-9_10

Decision Taking, Confidence and Risk Management in Banks From Early Modernity to the 20th Century 2017

DOI: 10.1007/978-3-319-42076-9_10

|View full text |Cite

Social Capital Versus Commercial Profits: The Impact of Networks on Decision-Making in Early Modern Banks

Nadia Matringe

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2021

Publication Types

Select...

Article4

Relationship

Self Cite0

Independent4

Authors

Journals

Cited by 4 publications

(1 citation statement)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…available to explain more of the business context, such as exist in many surviving Western archives (e.g. Fleischman et al 1995;Fleischman & Macve, 2002Matringe, 2016). Nor are there contemporary accounting manuals to give guidance (cf.…”

mentioning

confidence: 99%

The development of Chinese accounting and bookkeeping before 1850: insights from the Tŏng Tài Shēng business account books (1798–1850)

Yuan

Macve

2016

Accounting and Business Research

View full text Add to dashboard Cite

Claims have repeatedly been made for the importance of double-entry bookkeeping ('DEB') for capitalism's development in the West, so it is valuable to explore the book-keeping and accounting practices of economically successful organizations elsewhere. Our paper reports our exploration into the original account books contained in the archive of Tŏng Tài Shēng ('TTS'), a substantial Chinese 'grocery / merchant-banking' business whose surviving books span a period from the late

show abstract

mentioning

confidence: 99%

The development of Chinese accounting and bookkeeping before 1850: insights from the Tŏng Tài Shēng business account books (1798–1850)

Yuan

Macve

2016

Accounting and Business Research

View full text Add to dashboard Cite

show abstract

Rational Evolution or Socially Constructed Counter-Myth? Cross-Cultural Perceptions of the Development of Chinese Commercial Accounting Up to C.1850 and Its Significance

Hoskin

Macve

2016

SSRN Journal

View full text Add to dashboard Cite

Pacioli's Lens: Through a Glass, Darkly

Macve

2021

Accounting Historians Journal

View full text Add to dashboard Cite

It has long been argued that double-entry bookkeeping (‘DEB’) was important for enabling capitalism’s development in the West and heralded the beginning of ‘modern accounting’. However, these claims remain contested so it is important to understand the history of DEB’s emergence about 700 years ago and its underlying rationale. Sangster (2018a) [Pacioli's Lens: God, Humanism, Euclid, and the Rhetoric of Double Entry. The Accounting Review, 93(2): 299-314] argues that, in the first printed manual on DEB in 1494, Pacioli presented a novel ‘axiomatic’ approach to explaining DEB that requires a corresponding ‘paradigmatic shift’ in our appreciation of his contribution. This paper challenges Sangster’s interpretation of Pacioli’s mathematical contribution and calls for deeper understanding of the historical development of DEB in the West by comparison with accounting developments in the East.

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

hi@scite.ai

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Social Capital Versus Commercial Profits: The Impact of Networks on Decision-Making in Early Modern Banks

Cited by 4 publications

References 11 publications

The development of Chinese accounting and bookkeeping before 1850: insights from the Tŏng Tài Shēng business account books (1798–1850)

The development of Chinese accounting and bookkeeping before 1850: insights from the Tŏng Tài Shēng business account books (1798–1850)

Rational Evolution or Socially Constructed Counter-Myth? Cross-Cultural Perceptions of the Development of Chinese Commercial Accounting Up to C.1850 and Its Significance

Pacioli's Lens: Through a Glass, Darkly

Contact Info

Product

Resources

About