Whaling proved to be a notable international industry in the nineteenth century along with the United States was dominant. By 1850 there were about 900 whaling ships in the world and 700 of these were American.
Rates of return on capital were high in comparison to standard investments in the premature years of nineteenth century. The whaling industry was amongst the earliest to grapple with complex dilemmas in regard to the provision of high-risk investment capital, syndication, organizational form, ownership structure, bonuses, team building and principal-agent tradeoffs. It represents an important starting point for researching the origins of American entrepreneurship and enterprise funding.
PUBLICATION DATE: October 17, 2012 PRODUCT #: 813086-PDF-ENG
Whaling Ventures Case Study Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING