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Privacy, publicity, and reputation: how the press regulated the market in nineteenth-century England

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Privacy, publicity, and reputation: how the press regulated the market in nineteenth-century England. / Taylor, James.
In: Business History Review, Vol. 87, No. 4, 2013, p. 679-701.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Taylor J. Privacy, publicity, and reputation: how the press regulated the market in nineteenth-century England. Business History Review. 2013;87(4):679-701. Epub 2013 Dec 18. doi: 10.1017/S0007680513001098

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Bibtex

@article{1949e4dd082f4462a16826cb5c107c01,
title = "Privacy, publicity, and reputation: how the press regulated the market in nineteenth-century England",
abstract = "Many commentators believe that the business press “missed” the story of the twenty-first century—the 2008 economic crisis. Condemned for being too close to the firms they were supposed to be holding to account, journalists failed in their duties to the public. Recent historical studies of business journalism present a similarly pessimistic picture. By contrast, this article stresses the importance of the press as a key intermediary of reputation in the nineteenth-century marketplace. In England, reporters played an instrumental role in opening up companies' general meetings to the public gaze and in warning investors of fraudulent businesses. This regulation by reputation was at least as important as company law in making the City of London a relatively safe place to do business by the start of the twentieth century.",
author = "James Taylor",
note = "http://journals.cambridge.org/action/displayJournal?jid=BHR The final, definitive version of this article has been published in the Journal, Business History Review, 87 (4), pp 679-701 2013, {\textcopyright} 2013 Cambridge University Press. ",
year = "2013",
doi = "10.1017/S0007680513001098",
language = "English",
volume = "87",
pages = "679--701",
journal = "Business History Review",
issn = "0007-6805",
publisher = "Harvard Business School Publishing",
number = "4",

}

RIS

TY - JOUR

T1 - Privacy, publicity, and reputation

T2 - how the press regulated the market in nineteenth-century England

AU - Taylor, James

N1 - http://journals.cambridge.org/action/displayJournal?jid=BHR The final, definitive version of this article has been published in the Journal, Business History Review, 87 (4), pp 679-701 2013, © 2013 Cambridge University Press.

PY - 2013

Y1 - 2013

N2 - Many commentators believe that the business press “missed” the story of the twenty-first century—the 2008 economic crisis. Condemned for being too close to the firms they were supposed to be holding to account, journalists failed in their duties to the public. Recent historical studies of business journalism present a similarly pessimistic picture. By contrast, this article stresses the importance of the press as a key intermediary of reputation in the nineteenth-century marketplace. In England, reporters played an instrumental role in opening up companies' general meetings to the public gaze and in warning investors of fraudulent businesses. This regulation by reputation was at least as important as company law in making the City of London a relatively safe place to do business by the start of the twentieth century.

AB - Many commentators believe that the business press “missed” the story of the twenty-first century—the 2008 economic crisis. Condemned for being too close to the firms they were supposed to be holding to account, journalists failed in their duties to the public. Recent historical studies of business journalism present a similarly pessimistic picture. By contrast, this article stresses the importance of the press as a key intermediary of reputation in the nineteenth-century marketplace. In England, reporters played an instrumental role in opening up companies' general meetings to the public gaze and in warning investors of fraudulent businesses. This regulation by reputation was at least as important as company law in making the City of London a relatively safe place to do business by the start of the twentieth century.

U2 - 10.1017/S0007680513001098

DO - 10.1017/S0007680513001098

M3 - Journal article

VL - 87

SP - 679

EP - 701

JO - Business History Review

JF - Business History Review

SN - 0007-6805

IS - 4

ER -