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The Banks and the Steel Industry in the Ruhr Developments in Relations from 1873 to 1914

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German Yearbook on Business History 1981

Part of the book series: German Yearbook on Business History 1981 ((BUSINESS,volume 1981))

Abstract

The growth of the iron and steel industry before the First World War is seen in literature as closely related to the development of the major German banks. Helmut Böhme pointed out a few years ago, however, that modern research is largely based on theoretical work as the factual basis is uncertain.1 The difficulty of obtaining adequate source material raises a number of problems in an attempt to establish the significance of the banks for the development of enterprises in the iron and steel industry in the Ruhr. The records of the major banks for the period up to 1914 appear to be lost. There are virtually no public records for this field. It is therefore only possible to make statements concerning the relation between the banks and enterprises in the iron and steel industry on the basis of the archives of the enterprises themselves.

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  92. It was not until 1903 that the firm of Krupp was turned into a joint stock company. However, the capital held by the various members of the family amounted to between 80 and 90 million Marks before this date.

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  93. See the table in the Appendix. On concentration generally; Hans Pohl: Die Konzentration in der deutschen Wirtschaft seit dem 19. Jahrhundert. Supplement 11 to the Zeitschrift für Unternehmensgeschichte, ed. Wilhelm Treue and Hans Pohl. Wiesbaden, 1978, p.4ff.

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Authors
  1. Wilfried Feldenkirchen
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Editors and Affiliations

  1. Seminar für Bankbetriebslehre, Johann Wolfgang Goethe-Universität, Senkenberganlage 31, 6000, Frankfurt am Main, Germany

    Wolfram Engels

  2. Historisches Seminar, Abt. Verfassungs-, Sozial- und Wirtschaftsgeschichte, Rheinische Friedrich-Wilhelms-Universität, Konviktstraße 11, 5300, Bonn 1, Germany

    Hans Pohl (Editor in charge) (Editor in charge)

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© 1981 Gesellschaft für Unternehmensgeschichte e. V., Köln

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Feldenkirchen, W. (1981). The Banks and the Steel Industry in the Ruhr Developments in Relations from 1873 to 1914. In: Engels, W., Pohl, H. (eds) German Yearbook on Business History 1981. German Yearbook on Business History 1981, vol 1981. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-68372-5_3

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