Yamaguchi Fujio    Department   Professional Graduate School  , Graduate School of Global Business    Position   Professor
Research Period	2017/07～2020/03
Research Topic	A study of the Accounting History and Financial Analysis of the Decline of the British East India Company and the Rise of Jardine Matheson co.
Research Type	KAKENHI Research
KAKENHI Grant No.	17K04075
Keyword	East India Company, Jardine Matheson
KAKENHI Category	Accounting
Research System	Grant-in-Aid for Scientific Research
Responsibility	Representative Researcher
Representative Person	Yamaguchi　Fujio
Collaborative Researcher	Yamaguchi　Yuji
Details	At the beginning of the 19th century, the British East India Company(EIC)　declined, and the Jardine Matheson (JM) Company rose. The reason was examined through business　analysis. During 1800-14, the average operating profit margin of EIC was 15.9% and interest payments　were 7.3%. The company has a strong public aspect of society and its profit margin is rather low　for a monopoly company. Until 1815-1823, EIC lost India's monopoly trade rights, became an Indian　governing body, and made up for the deficit in the colonial sector with the private sector through　monopoly China trade. At the same time, JM predecessor partnership company managed rigorously and　fairly with its books of accounts. Trade commissions and loan interests on business are the main　sources of income, and the handling of opium is gradually increasing. East India Company is the main　line of the east and west, JM played a role of a branch line.