The origin of the word "company"?

Classification: Business/Financial Management >> Venture Capital Investment

Analysis:

Studying the origin of the company is not to look for the company in the modern sense in history, but to explore the earliest historical origin of the company. It is generally believed that the company originated in medieval Europe. However, in fact, the origin of the company can be traced back to a longer time. A large number of historical facts show that the company sprouted in ancient Rome. Ancient Rome prospered because of the war, which expanded the territory of Rome and made businessmen rich. However, the cost of war and the maintenance of vast territory is very high, so * * * colluded with businessmen to sign contracts. Some big businessmen unite to solve some financial problems for * * * *, and * * allows them to form certain merchant organizations to contract some trade, engineering and even tax collection functions controlled by * * *. For example, during Rome and the Roman Empire, organizations similar to joint-stock companies appeared.

However, the original group similar to the company did not last for hundreds of years in Europe, because with the invasion of the Germans and the demise of the Roman Empire, business declined and cities were abandoned, which destroyed the foundation on which the company depended. It was not until the 10 century that trade flourished with cities. In the early Middle Ages, with the development of cities and trade, the organizational form of companies reappeared and cities developed. The military and administrative expenses of the city-state need a lot of money to support it. As a result, the businessman obtained the franchise right to set up the company on the condition of raising money for * * *, and obtained rich profits.

_ _ _ _ If the company organization or company-like organization that appeared in the Roman Empire was the source of company history, then in the Middle Ages of Europe, the company organization or company-like organization had become a trickle.