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Corporate identity, company law and currency: a survey of community images on English banknotes

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Abstract

Financial instruments are the subject of considerable interest. The supply of promissory notes has attracted the attention of financial historians, political economists and antiquarians, alike. We consider bank notes as a mechanism for building corporate identity. The article focuses on the bank notes that were issued in the early nineteenth century by newly established joint stock banks in the English provinces. Despite not having a legal personality, which could be separated from the bank’s owners, the banks did not use symbols of the owners, such as family crests or other personal means, to communicate their identity. The article shows that these notes displayed symbols of a collective culture and regional identity. We argue that this was crucial to building the bank’s position within the local commercial community and in generating a persona which customers could trust.

Original languageEnglish
Pages (from-to)43-75
Number of pages33
JournalManagement and Organizational History
Volume17
Issue number1-2
DOIs
Publication statusPublished - 10 Aug 2022
Externally publishedYes

Bibliographical note

Funding Information:
We are grateful for the helpful comments of Jennifer Black, Chul Chung, Damian Clavel, Marcus V. A. B. De Matos, David Gindis, Jonathan Hardman, Victoria Hooton, Christina Lubinski, Helen Rutherford, Clare Sandford-Couch, Grigorij Tschernjawskyj and Sarah Wilson, and three anonymous reviewers. We thank the British Museum for their kind permission to use the images.

Publisher Copyright:
© 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

Keywords

  • advertising
  • Bank notes
  • banking
  • corporate identity
  • corporate personality
  • finance
  • money

ASJC Scopus subject areas

  • Business and International Management
  • History
  • Strategy and Management

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