The Dutch East India Company (Vereenigde Oost-Indische Compagnie or VOC in Dutch, literally "United East Indian Company") was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. It was also arguably the world's first megacorporation, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, coin money, and establish colonies.
Monday, 25 July 2011
Dutch East India Company
In late 1995 I spent 3 months visiting CWI (Centrum voor Wiskunde en Informatica) in Amsterdam. I rented an apartment in Eerste Leeghwaterstraat, which was parallel to Czaar Peterstraat, on an island devoted to ship building. This historical connection led me to research the history of the world dominance of the Dutch East India Company, the world's first mega-corporation. As it states in Wikipedia: