Could early modern chartered companies effectively ensure that their agents overseas were working in the best interests of the firm rather than in their own personal interests? This prin-cipal... Show moreCould early modern chartered companies effectively ensure that their agents overseas were working in the best interests of the firm rather than in their own personal interests? This prin-cipal-agent problem has been the topic of a number of important studies in early modern economic history. This article contributes to the debate by elaborating on two case-studies from the two large Dutch chartered trading companies, the East- and the West India Compa-nies (VOC and WIC respectively). Exploration of the careers of two individuals within these companies shows that supervision – and indeed career-making – was frequently a matter of unwritten rules and codes of conduct. While formal written rules might be found lacking, control could still be exerted through patronage or family ties. But this presented the com-panies with other challenges as well. In studying principal-agent problems, researchers in economic history need to be aware of informal mechanisms of control as well as formal on Show less
Over the years the 1640 naval battle of Paraíba (Brazil) has attracted the attention of several historians, including F.A. Varnhagen, H. Wätjen and J.C. Warnsinck, who made extensive use of Dutch... Show moreOver the years the 1640 naval battle of Paraíba (Brazil) has attracted the attention of several historians, including F.A. Varnhagen, H. Wätjen and J.C. Warnsinck, who made extensive use of Dutch sources. By combining the Dutch and Portuguese accounts, C.R. Boxer and, more recently, M.J. Guedes shed new light on the episode. The Portuguese material comprises the original papers of Fernando Mascarenhas, the commander in-chief of the armada. These papers are gathered in four voluminous codices and record events concerning the armada between April 1638 and October 1640. Written in Portuguese and Spanish, they comprise various documents, including correspondence, as well as instructions, reports, and minutes of meetings of the Council of Captains. The documents in these codices constitute the bedrock of this article which focuses on the armada leaders’ perceptions of their opponent during their sojourn in Brazil, a topic still insufficiently explored in the literature. Given the goal of the expedition, gathering information on the Dutch military and naval power was crucial for defining a strategy to oust them from Pernambuco. How did the armada leaders acquire intelligence? How reliable was it when cross-checked against other sources and to what extent did the outcome of the battle depend on it? Show less
