Pushkinskaya st. 43. office 10
Rostov-on-Don, Russia
344082
e-mail: info@hjournal.ru 
tel. +7(863) 269-88-14

cubsEN (2)

G. I. Benenson and A. D. Golitsyn: business partnership in the institutional context of Russian reality early twentieth century

G. I. Benenson and A. D. Golitsyn: business partnership in the institutional context of Russian reality early twentieth century

Journal of Institutional studies, , Vol. 7 (no. 2),

This paper is devoted to the research of the history of participation Benenson and Golitsyn in the formation of financial and industrial group Russian-British bank in the Russian Empire. It is necessary to emphasize, that in the beginning of the 20 century joint-stock companies have occupied a prevailing situation in the main industrial and financial spheres of the Russian economy already. The densities of production, made by them, was dominant in many industries, making 70-80%, and sometimes more. The formation and successful operation of the integrated companies and, above all, financial and industrial structures (groups) is undoubtedly the most important factor in improving the efficiency and sustained growth in industrial production. The analysis of participation of G. Benenson and A. Golitsyn in the activity of the Russian-English bank and joint-stock company allows to reveal most important for leading branches of the Russian economy institutional parameters of industrial business in the beginning of the 20 century, including: a) Larger or smaller independence owners in those or other kinds of enterprise activity; b) Availability business and socio-cultural connections among other businessmen; c) Efficiency to achieve a balance of individual and group interests; d) A management of the firms having more open (joint-stock structures), or closed (share structures), kind of activity. The process of the company involving in the financialindustrial groups had, sometimes, inconsistent contents, was exposed to influence both positive, and negative economic, sociocultural and political factors (economic crisises, revolution, wars, ethnic and religious conflicts etc.). However general tendency in the development of a integrated component of the Russian business carried in the beginning of the 20 century in the whole favorable orientation, potentially promoting large changes in socio economic structure of the Russian society in this period.


Keywords: Russia; history; G. Benenson; A. Golitsyn; financial and industrial group; commercial banks; joint stock company; the balance of interests; ownership; management

References:
  • 3rd Convocation State Duma: Portraits, Biographies, Autographs. St. Petersburg, Ed. by N. N. Olshanskiy, 1910. (In Russian).
  • Ananich B. V. (1991). Banking house in Russia. 1860-1914: Essays on the history of private enterprise. Leningrad, Nauka Publ. (In Russian).
  • Belyaev S. G. and Petrov Y. A. (2005). Rehabilitation of the St. Petersburg commercial banks. "Old" banks in the early twentieth century. In the book: Credit and Banking in Russia until the Early Twentieth Century: St. Petersburg and Moscow / B. V. Ananich, M. I. Aref'eva, S. G. Belyaev, A. Bugrov, A. V. Dragan, Z. V. Dmitrieva, M. M. Dadykina, S. K. Lebedev, V. P. Lizunov, V. V. Morosan, Y. A. Petrov, S. A. Salomatina. St. Petersburg, Publ. House of St. Petersburg University, pp. 478-498. (In Russian).
  • Bokhanov A. N. (1992). The big bourgeoisie of Russia (end of XIX century - 1914). Moscow, Nauka Publ. (In Russian).
  • Buranov Yu. A. (1982). The privatization of the mining industry in the Urals. 1861-1917. Moscow, Nauka Publ. (In Russian).
  • Charter of the Russian-English Bank. Petrograd, Printing House of the Petrograd Association of Printing and Publishing "Work [Trud]", 1915. (In Russian).
  • Golitsyn A. D. (2008). Memories / ed., prepar.text, afterw., index of names by A. K. Golitsyn. Moscow, Russian way [Russkiy Put’] Publ. (In Russian).
  • Gurusinha N. N. and Potkina V. I. (1997). English capital and private enterprise in Russia. In the book: Foreign Entrepreneurship and Foreign Investments in Russia: Essays. Moscow, ROSSPEN Publ., pp. 54-119. (In Russian).
  • Joint-Stock and Mutual Companies in Russia. Moscow, Publ. House of V. V. Lavrov, 1914. (In Russian).
  • Kitanina T. M. (2007). The development of the concern Putilov-Stakheev-Batalin and transformation of its financial and industrial strategy in the First world war. In the book: Essays on the History of Russian Firms: Issues of Ownership, Management, Economics / M. N. Baryshnikov, V. Yu. Gessen, A. L. Dmitriev, T. M. Kitanina and A. A. Semenov. St. Petersburg, Publ. House of St. Petersburg State University, pp. 172-412. (In Russian).
  • Kokovtsov V. N. (1992). From my past. Memories. 1903-1919. In 2 vols. Vol. 1. Moscow, Nauka Publ. (In Russian).
  • Ozerov E. H. (1910). Mountain plants of the Urals. Moscow, Printing House I. D. Sytin. (In Russian).
  • RSHA. F.23. OP.12. D.2118 – Establishing the "Petrogradskaya Joint Stock Company for Mechanical and Chemical Treatment of the Wood and Paper Production". 1913 – 1914. (In Russian).
  • RSHA. F.23. OP.12. D.2123 – Establishing Publishing Joint-Stock Company "Argus" in Petrograd. 1913 – 1915. (In Russian).
  • RSHA. F.23. OP.13. D.350 – Establishing Coal Joint Stock Company "Alexander Mountain". 1914 – 1917. (In Russian).
  • RSHA. F.23. OP.13. D.1313 – Establishing the Alexander-Yuriev Joint-Stock Company of Coal Mines and Pits. 1917. (In Russian).
  • RSHA. F.75. OP.1. D.12 – Proceedings of the General Meeting of Shareholders of the Company Nicolae-Pawinskiy Mining District on April 21, 1913. (In Russian).
  • RSHA. F.75. OP.1. D.29 – Proceedings of the General Mmeetings of Shareholders of the Company Nicolae-Pawinskiy Mining District on August 27, and September 29, 1915. (In Russian).
  • RSHA. F.75. OP.1. D.43 – Balance Accounts of Different Companies and Entities of the Company Nicolae-Pawinskiy Mining District on November 1, 1916 – October 1, 1917. (In Russian).
  • RSHA. F.75. OP.1. D.51 – Materials of the General Meeting of Shareholders of the Company Nicolae-Pawinskiy Mining Ddistrict on February 14, 1917. (In Russian).
  • RSHA. F.75. OP.1. D.291 – Note by an Unidentified Author about the Difficult Financial and Economic Situation of the Company Nicolae-Pawinskiy Mining District. (In Russian).
  • RSHA. F.86. OP.1. D.5 – Certificate of Education English Joint-Stock Company “Sysert company”. 1912. (In Russian).
  • RSHA. F.86. OP.1. D.7 – Notes, Containing Information about the Balances of the Joint Stock Company Sysert Mining Company and the Reports of the Meetings of Shareholders. 1912 – 1917. (In Russian).
  • RSHA. F.86. OP.1. D.12 – Report of the Company Sysert Mining Company in 1913. (In Russian).
  • RSHA. F.629. OP.1. D.1172 – the List of Shareholders of Russian-British Bank That Submitted the Action to the General Meeting. 1915. (In Russian).
  • RSHA. F.629. OP.1. D.1369 – Records of the Russian-English Bank 1916. (In Russian).
  • RSHA. F.629. OP.2. D.263 – Paper Belonging to the Russian-English Bank Guaranteed and Unguaranteed. 1914. (In Russian).
  • RSHA. F.629. OP.2. D.264 – Paper, Owned by Russian-English Unguaranteed Bank. 1917. (In Russian).
  • RSHA. F.629. OP.2. D.265 – Paper Belonging to the Russian-English Unguaranteed Bank. 1917. (In Russian).
  • RSHA. F.1102. OP.1. D.333 – Benenson Grigory I., Merchant. (In Russian).
  • RSHA. F.1102. OP.2. D.6 – Davydov Evgeny Fedorovich. (In Russian).
  • RSHA. F.1425. OP.1. D.392 – Report of the Company Is Tubular, Pipe and Mechanical Plants from 21 October 1915 to January 1, 1917. (In Russian).
  • Russian Joint-Stock Commercial Banks According to the Reports for the Year 1915 with the Corresponding Data for the Year 1914. Petrograd, The Publication Committee of Congresses of Representatives of Joint-Stock Commercial Banks, 1916. (In Russian).
  • The Russian State Historical Archive (RSHA). F.23. OP.12. D.205 – Establishing the "Chamber Share Partnership, Benenson" in Baku. 1906 - 1917. (In Russian).
Publisher: Ltd. "Humanitarian perspectives"
Founder: Ltd. "Humanitarian perspectives"
Online ISSN: 2412-6039
ISSN: 2076-6297