Pre-modern Practices of A Modern Company

The Danish Asiatic Company, which sent ships to Asia for trade from 1732 to 1833, was in many ways a quite modern company.

The funds for the company came from stocks on the open market and although corruption and general swindling seemed more common than today, the company was generally driven after rational principles.

Therefore, a number of practices stand out as being pre-modern or at least in contrast to a business of the 21st century.