EBHA 15th Annual Conference

Athens, 24-26 August 2011


Business, Finance and the State in the Twentieth Century:
European Comparisons in Historical Perspective
Crisis and Transformation.


Detailed Programme

Wednesday, 24 August 2011

14:30 - 18:00  Council Meeting (HOU Athens Annexe, 23 Praxitelous str.)

17:00 - 18:30  Registration (Bank of Greece, 21 E. Venizelou Ave.)

19:00 - 21:00  Reception

21:00              Council Dinner (EBHA Council members only)

Thursday, 25 August 2011

08:30 - 14:30  Registration (NTUA, Reception area)

09:00 - 09:45  Welcome and Opening of Conference (NTUA, AB_Plenary)

10:00 - 11:00  Keynote Speech 1 (NTUA, AB_Plenary)
                       Professor Emenitus Alice Teichova, Vienna´s changing fortunes as a financial centre

11:00 - 11:30  Coffee Break (NTUA, Reception area)

11:30 - 13:00  Parallel Sessions 3, 10, 16, 18, 21, 30 (90 min):


Session No 3: Business History and Economic Crisis: Theoretical Perspectives and Reviews (NTUA, CL_102)

Chair: Andrea Colli

Commentator: Anna Mandilara


a. Ludovic Cailluet, Florence Brachet Champsaur, Periodization and business history: challenging the social construction of “Crisis” to understand business strategies

b. Tamara Ehs, The Other Austrians. Alternative Theory and Practice in Interwar Austria

c. Heli Valtonen, Jari Ojala, Jari Eloranta, What makes “interesting” Business History? Evaluation of the Most Cited Recent Business History Journal Articles


Session No 10: Financial Crisis - Antecedents and Responses (NTUA, LB_143)

Chair: Gerasimos Notaras

Commentator: Youssef Cassis


a. Christos Desyllas, Institutional Structures of Popular Credit in Crisis Period. The Microfinancial Network in 17th-19th Centuries in Corfu Island

b. John Killick, The Panic of 1837: The Role of Browns and the Bank of England

c. Korinna Schönhärl, Fighting the financial crisis in Greece: The Société privilégiée pour favoriser la production et le commerce du Raisin de Corinthe (1905) as international bank cooperation


Session No 16: Strategy, Ownership and Control (NTUA, LB_139)

Chair: Pedro Neves

Commentator: Charlotte Natmessnig


a. Álvaro Ferreira da Silva, More than a brass nameplate on the door: foreign ownership and control in the Companhia Real dos Caminhos de Ferro Portugueses (1870s-1880s)

b. Gelina Harlaftis, Mr Onassis and Game Theory


Session No 18: Business Response to Competition (NTUA, CL_103)

Chair: Laurent Tissot

Commentator: Hubert Bonin


a. Klara Paardenkooper, Cherishing the stepchild of container transport (1966-2010). How and why did the German and Dutch governments keep rail container transport in the race against their cheaper competitors?

b. Roman Köster, Big brands, small business: Why there is no major brewing company in Germany?

c. Ray Stokes, Ralf Banken, The Internationalization of the US Industrial Gases Industry, 1970-1990


Session No 21: Economic Nationalism and Business in Small Countries (NTUA, CL_104)

Chair: Per Boje

Commentator: Alfred Reckendrees


a. Pål Thonstad Sandvik, The Rise of Economic Nationalism, the Case of Norway, 1814-1940

b. Niklas Jensen-Eriksen, Economic development and nationalism in Finland, 1809-2000

c. Thomas David, Why Finland and not Eastern Europe? Economic nationalism and industrialization during the interwar period


Session No 30: Government Policy and Big Business (NTUA, LB_138)

Chair: Margrit Müller

Commentator: William Hausman


a. Takeshi Sakade, Bail out or “bail in”?: British government policy toward corporate crisis of Rolls-Royce during the TriStar/RB211 project

b. Luciano Segreto, Ben Wubs, Adoption or adaptation? German and Italian Big Business and the American anti-trust policy, 1945-57


13:00 - 14:00 Lunch (NTUA, Reception area)

14:00 - 16:00 Parallel Sessions 1, 4, 8, 12, 20a, 22 (120 min):


Session No 1: Cooperative Business and Structure in Historical Perspective (NTUA, LB_138)

Chair: Konstantinos Papageorgiou

Commentator: Cándido Roman Cervantes


a. Michalis Fefes, Greek agricultural co-operatives in the ’80s: the tale of a lost decade

b. Catherine Bregianni, Some help to the people and to the markets: Greek agricultural cooperatives as institutional intervention (1914-1936)

c. Mustafa Kurt, Agricultural Co-Operatives along the History. Evidence from Turkey


Session No 4: State Policies and Banking during Crisis. Mediterranean Comparisons (NTUA, LB_139)

Chair: Franco Amatori

Commentator: Per Boje


a. Daniela Felisini, To compete in a low-competition system. State and banks in Italy 1936-1960

b. Stavroula Spanodimou, The Greek Banking system after the 1929 crisis


Session No 8: Family Business revisited (NTUA, CL_103)

Chair: Charlotte Natmessnig

Commentator: Andrea Colli


a. Rafael Castro Balaguer, Maria Fernández Moya, Looking for the Perfect Structure: The Evolution of Family Offices in Long Term Perspective

b. Javier Fernández Roca, “Casa Ybarra”: Does the unsolvable problem between family, firm and management?

c. Maria Fernández Moya, Paloma Fernández Pérez, Christina Lubinski, Standing the test of time. Factors influencing family firms’ longevity in Germany and Spain during the twentieth century

d. Evrydiki Sifneos, Navigating the hostile maze: Americans and Greeks exploring the 19th century Russian market opportunities


Session No 12: Crisis and Business Restructuring (NTUA, CL_104)

Chair: Francesca Polese

Commentator: Stephen Sambrook


a. Bjørn Basberg, A Crisis that Never Came: The Decline of the European Antarctic Whaling Industry in the 1950s and ’60s

b. Marten Boon, Energy transition, Suez crisis and transnational transport. The case of Rotterdam-Rhine pipeline, 1955-1960

c. Duncan Connors, The long drawn of death and grieving process of the British Shipbuilding Industry in perspective, 1960-1980


Session No 20a: Competitive Advantages of Regions. Comparative Studies on Industries (NTUA, CL_102)

Chair: Julia Yongue

Commentator: Harm Schröter


a. Takafumi Kurosawa, Industry-specific Time and Space: Research Methodology, Concepts, and Implications in Japanese Studies on Industrial History

b. Keetie Sluyterman, Bram Bouwens, Longevity in regional specialisation: the Dutch dredging industry

c. Takeo Kikkawa, Beyond Product Lifecycle or Flying Geese: International Competitiveness of East Asian Region and the Japanese Position within


Session No 22: Corporate Networks in the long run. Relations between Business, Finance and the State (NTUA, LB_143)

Chair: Laurent Tissot

Commentator: Patrick Fridenson


a. Gerarda Westerhuis, Thomas David, Corporate networks in small open economies: The cases of Switzerland and the Netherlands (1910-2010)

b. Andrea Lluch, Erica Salvaj, Corporate Networks in turbulent environments – A comparative study of Interlocking Directorates in Argentina and Chile (1970)

c. Alberto Rinaldi, Michelangelo Vasta, The Italian Corporate network, 1913-2001

d. Kari-Matti Piilahti, The structural changes of corporate networks in Finland, 1900-1940


16:00 - 16:30 Coffee break (NTUA, Reception area)

16:30 - 18:30 Parallel Sessions 2, 7, 13, 20b, 23, 26 (120 min):


Session No 2: Cooperative Organisation: A response to Crisis (NTUA, LB_138)

Chair: Nansy Papalexandri

Commentator: Catherine Bregianni


a. Cándido Roman Cervantes, Spanish Cooperatives and Economic Cycles, 1942-2002

b. Antonis Antoniou, Diffusion and evolution of the co-operatives perception in Greece during the 19th century

c. Anna Ryzhova, Private and co-operative publishers in the Soviet Union: a case study of New Economic Policy (1921-1927)


Session No 7: State Politics towards Business. Principles and Economic Adaptation (NTUA, LB_143)

Chair: Michalis Assimakopoulos

Commentator: Francesca Polese


a. Irina Potkina, Russian Corporations during the World War I: relationship with the Government, modified business models and social policy

b. Boris Shpotov, Stalin’s Industrialization, Great Depression, and Western business: peculiarities of Russia’s international economic relations in the 1930s

c. Alessandra Vannini, Fascist Politics and Autarkic Economy in a Compared Perspective: the Instituto per la Ricostruzione Industriale (I.R.I.) and the Instituto Nacional de Industria (I.N.I.), 1933-1959. The Profitability of I.N.I. and I.R.I. compared


Session No 13: Utility Sector, the Environment and Business (NTUA, CL_104)

Chair: Luciano Segreto

Commentator: Joost Dankers


a. Dominique Barjot, To rebuild France after WW2:The beginnings of Electricité de France (1946-1953)

b. Willian Hausman, John Neufield, Death Star et al.: The California Electricity Crisis of 2000 and its Impact on the Regulation of the U.S. Electric Utility Industry

c. Miriam Gassner, Local Environment or Global Opportunities? ENI's Central European Line and environmental concerns in the 1960s

d. Stephen Sambrook, Ray Stokes, Friends of the City or Enemies of the Earth? Crisis and conflict in British municipal waste management from the 1950s to the 1990s


Session No 20b: Competitive Advantages of Regions. Comparative Studies on Industries (NTUA, CL_102)

Chair: Bram Bouwens

Commentator: Tomoko Hashino


a. Stig Tenold, Martin Jes Iversen, The International Competitiveness of Nordic Shipping, 1960-2010

b. Yuki Nakajima, The role of SMEs in the development of Japanese consumer electronics industry after WWII

c. Pierre-Yves Donzé, “Kill the Japs!”: The Comeback of the Swiss Watch Industry on the World Market (1983-2010)

d. Maki Umemura, Globalisation and Change in the Japanese Pharmaceutical Industry, 1990-2010


Session No 23: National Comparisons of Joint Stock Company Births, Governance and the Rise of the Corporate Sector (NTUA, LB_139)

Chair: Pier Angelo Tonninelli

Commentator: Michelangelo Vasta


a. Robin Pearson, Mark Freeman, James Taylor, The promotion and foundation of joint stock companies in Britain and Ireland before 1844

b. Pedro Neves, The development of Portuguese corporate sector during the 19th century: an assessment based on the joint stock company start-ups

c. Ioanna Sapfo Pepelasis, Rising Expectations: Joint Stock Company Births in Greece, 1830-1909

d. James Foreman-Peck, Leslie Hannah, Corporate governance and the large UK joint stock company towards the end of the long nineteenth century


Session No 26: Overseas Business Development (NTUA, CL_103)

Chair: John Wilson

Commentator: Margrit Müller


a. Hubert Bonin, French business and banking in Cauton port city in the 1930s. A globalised community of business facing hard times

b. Norma Lanciotti, Organization and business strategies of a British group: The Morrison group in Argentina and Uruguay, 1881-1962

c. Marion Pierangelo, From the Canal of Corinth to Currants: French Manufacturers and Investors facing and escaping Crisis in Greece in the last years of the 19th century


Friday, 26 August 2011

09:00 - 12:00 Registration (NTUA, Reception area)

09:30 - 11:30 Parallel Sessions 5, 9, 11, 14, 17, 19 (120 min):

Session No 5: Government Attitudes towards Private Business during the 20th Century (NTUA, LB_139)

Chair: Andrea H. Schneider

Commentator: Ray Stokes


a. Zisis Fotakis, Sailing in Heavy Seas: The Greek-owned Merchant Marine and the State, 1939-1945

b. Fabio Lavista, How the Institutional framework can affect the results of economic policies. Italy between economic crisis and reforms (1970-1992)

c. Svetlana Kuzmina, Business, Finance and the State in Russia in the beginning of 20th Century: example of Poutiloff Company


Session No 9: Tourism Business Strategy and Crisis (NTUA, LB_138)

Chair: Haralambos Kokossis

Commentators: Laurent Tissot, Christophe Bouneau

Introduction: Margarita Dritsas


a. Cédric Humair, The Long Depression and its impact on Swiss tourism: from Manchester Liberalism to the beginnings of “organized capitalism” (1873-1913)

b. Katerina Papadoulaki, Greek tourism and economic crisis in historical perspective: The case of travel agencies, interwar years

c. Mary Quek, The growth of multinational hotel industry, 1946 to the 1960s



Session No 11: Crisis and the Market: Business Internationalisation and Comparisons (NTUA, CL_104)

Chair: William Hausman

Commentator: Matthias Kipping


a. Adoración Álvaro-Moya, International Business, Diplomacy and Local Networking: ITT in Spain (1924-1952)

b. Neil Forbes, The International Crisis and the defense of liberal capitalism: The Rio Tinto Company and the coming of the Second World War

c. Andrea Lluch, Norma Lanciotti, The rise and decline of European companies in Argentina (1870-1945c): new evidences and discussion


Session No 14: Business Response to Regulation and Market Changes (NTUA, CL_103)

Chair: Youssef Cassis

Commentator: Niklas Jensen-Eriksen


a. Alexandra Papadopoulou, Formal and Informal Institutions in Business Management of the Greek Shipping Companies, 1830-1870: The Case of the Island of Spetses

b. Anna Mandilara, Housing and the construction sector in the urban settlement of refugees in interwar Greece

c. Olga Tsakirides, Adaptation of cultural institutions in the new economic conditions: Aspects of the Greek case, 2010-11. An on-going research


Session No 17: Corporate Networks and Cartels (NTUA, CL_102)

Chair: Daniela Felisini

Commentator: Patrick Fridenson


a. Álvaro Ferreira da Silva, Pedro Neves, Corporate networks in twentieth-century Portugal: a long-term perspective

b. Elina Kuorelahti, Cartel conquistadors. Banks, Governments and Nordic timber industry 1928-1932

c. Eva-Maria Roelevink, Joep Schenk, Dutch-German Coal Business, 1918-1925. The impact of War on a transnational business relationship: The Rhenish Westphalian Coal Syndicate and the Coal Trade Association


Session No 19: Cartels and Cartelisation (NTUA, LB_143)

Chair: Dominique Barjot

Commentator: Harm Schröter


a. Marco Bertilorenzi, Business, politics, and finance. The international aluminium industry during 1930s between cartel regulation and strategic considerations

b. Cécile Coursiéras, Aurore Cartier, Howling with the wolves or fighting the crises? Large French firms as players in the European cement cartels during the interwar period

c. Kerrie A. Round, Martin Shanahan, A Solution to the Perceived Crisis of Market Power: The Political, Social and Economic Background to the Australian Cartel Register 1967-1974

d. David Round, Zdravka Brunkova, Confirming the Crisis of Market Power: A First Look at the Contents of the Australian Register of Restrictive Agreements

e. Joost Dankers, Bram Bouwens, Distress or opportunity; cartels, crises and profitability


11:30 - 12:00 Coffee break (NTUA, Reception area)

12:00 - 13:00 Keynote speech 2 (NTUA, LB_143)
                      Prof. Stavros B. Thomadakis, Crisis without a Legacy?

13:00 - 14:00 Lunch (NTUA, Reception area)

14:00 - 15:30 Parallel Sessions 6, 24, 25, 27, 29, 31 (90 min):


Session No 6: Public Relations or Corporate Social Responsibilities during Crisis (NTUA, CL_102)

Chair: Álvaro Ferreira da Silva

Commentator: Maki Umemura


a. Knut-Erland Berglund, The Corporate Social Responsibility-communication trends for large Swedish corporations

b. Valerio Varini, Welfare at Pirelli: from its origins to the post-World War II period


Session No 24: L’ Esprit Entrepreneur: Risk and Innovation in the Development of French Firms in 19th & 20th century (NTUA, LB_139)

Chair: Anna Mandilara

Commentator: Eric Godelier


a. Eugénie Briot, Quantity or Expensiveness: Fabrication of a Luxury Industry, the Parisian Perfumery in 19th Century


Session No 25: Business Response to Regulation and Crisis (NTUA, CL_103)

Chair: Patrick Fridenson

Commentator: Pål Thonstad Sandvik


a. Francesca Polese, The Italian fashion market and the reaction to the 1929 crisis

b. Valia Aranitou, Maria Christina Chatziioannou, Retail firms overcome financial crisis in postwar Greece (1958-1988): techiques and personal strategies

c. Margrit Müller, The role of firms in overcoming major economic crises


Session No 27: Post WWII Business Growth and Governance (NTUA, CL_104)

Chair: Joost Dankers

Commentator: Gelina Harlaftis


a. John Antonopoulos, Apostolos Vetsopoulos, The Growth of the Industrial Enterprises during the First Postwar Period (1950-1973) in Greece and France, Financed under the Marshall Plan Aid

b. Paolo Di Martino, Michelangelo Vasta, Law, firms’ governance and economic performance in post-1945 Italy

c. Pierre Jambard, Engineering, bank and state in France: O.T.H. facingthe crisis of the 1970s-1980s



Session No 29: Comprehending Market Pressures (NTUA, LB_138)

Chair: Ioanna Sapfo Pepelasis

Commentator: Keetie Sluyterman


a. Orly Meron, The Response of Jewish Thessalonican Entrepreneurs to the Greek Default (April 1932)

b.Manolis Arkolakis, Film Exhibition in Greece in the Context of Technological Advances and Economic Predicaments (1929-1934)

c. Kevin Tennent, Knowing the consumer: multiple and discount music, video and computer games retailing in the UK, 1950-2000


Session No 31: Bank Governance and Crisis (NTUA, LB_143)

Chair: Hubert Bonin

Commentator: Philip Scranton


a. Matthias Kipping, Bank Divisionalization as an Antecedent of the Financial Crisis

b. Marko Stenroos, Constructing the crisis - The case of local Savings Bank in Finland 1987-1993


15:30- 16:00 Coffee break (NTUA, Reception area)

16:00- 17:00 

Session No 28: Book Presentation and Discussion (NTUA, LB_143)

                          Business History. Complexities and Comparisons,
                          Authors: Franco Amatori, Andrea Colli

Chair: Margarita Dritsas,
Commentator: Harm Schröter, Jordi Catalan Vidal

17:00 - 18:00 General Meeting (NTUA, LB_143)

21:00             Closing Dinner