Unveiling interests: the first Bank of Brazil and its shareholders, (1808-1821)
DOI:
https://doi.org/10.29182/hehe.v28i3.1078Abstract
This study analyzes the institutional mechanisms for attracting shareholders to the first Bank of Brazil, as well as the composition of the shareholder body. Initially, the Portuguese Crown resorted to fiscal and honorary incentives, with greater success from 1815 onwards, with the increase in share profitability. The main group of shareholders was composed of merchants and slave traders, particularly interested in materially supporting the defense of the monarchy in the new context of maintaining the Atlantic slave trade south of the Equator. The analysis of the composition of the existing shareholders in 1821 demonstrates the predominance of mercantile and slave-owning groups linked to the Southeast and Bahia.
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