Individual investors and social ownership structures in the UK before the 1930s: Joint holdings and trustee investment

Rutterford, Janette; Sotiropoulos, Dimitris and Van Lieshout, Carry (2022). Individual investors and social ownership structures in the UK before the 1930s: Joint holdings and trustee investment. The Economic History Review (Early Access).

DOI: https://doi.org/10.1111/ehr.13197

Abstract

After the introduction of limited liability, a growing number of individuals in Britain from a widening social spectrum, including the less affluent, began to own stocks and shares. Drawing upon a unique and large dataset of 35,848 investors between 1870 and 1935, this study analyses joint holdings, which have been a neglected aspect of investor behaviour. Our findings reveal that joint holdings were quite common and that about one in five UK investors were involved in a joint investment. Men were more likely to be joint holders than women for reasons related to institutions of social ownership such as trusts and executorships.

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About

• Item ORO ID
• 84229
• Item Type
• Journal Item
• ISSN
• 1468-0289
• Project Funding Details

• Funded Project Name	Project ID	Funding Body
  Women Investors in England and Wales, 1870–1930	Res-000-23-1435	ESRC (Economic and Social Research Council)

• Academic Unit or School
• Faculty of Business and Law (FBL) > Business > Department for Accounting and Finance
  Faculty of Business and Law (FBL) > Business
  Faculty of Business and Law (FBL)
  Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Geography
  Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
  Faculty of Arts and Social Sciences (FASS)
• Research Group
• History and Political Economy (HYPE) of Business and Finance
• Copyright Holders
• © 2022 The Authors
• Depositing User
• Dimitris Sotiropoulos