---
_id: '29216'
abstract:
- lang: eng
  text: How did bankers make their investment decisions, for example to issue a state
    loan for a peripheral country? This in-depth case study investigates the question
    of the Greek loan of 1833, issued by Rothschilds. The main interest is to reconstruct
    James de Rothschild’s risk perception and decision making process, expressed in
    the argumentation vis-à-vis his family. The significance of the guarantee of the
    protecting powers, which was without precedent, is considered by James as well
    as the competitive situation on the bond market, the relationship of the Rothschilds
    with leading politicians of the time, and the special significance of Greece in
    the period of intensive European philhellenism. The paper argues that in-depth
    studies of bankers’ risk perception are necessary to illuminate the complexity
    of their decision-making.
author:
- first_name: Korinna
  full_name: Schönhärl, Korinna
  id: '89037'
  last_name: Schönhärl
  orcid: 0000-0002-7967-3261
citation:
  ama: Schönhärl K. Why does a prestigious emission house emit a loan for a peripheral
    state? The house of Rothschild and the Greek guaranteed loan of 1833. <i>Business
    History</i>. 2021;63(4):557-573. doi:<a href="https://doi.org/10.1080/00076791.2019.1593373">10.1080/00076791.2019.1593373</a>
  apa: Schönhärl, K. (2021). Why does a prestigious emission house emit a loan for
    a peripheral state? The house of Rothschild and the Greek guaranteed loan of 1833.
    <i>Business History</i>, <i>63</i>(4), 557–573. <a href="https://doi.org/10.1080/00076791.2019.1593373">https://doi.org/10.1080/00076791.2019.1593373</a>
  bibtex: '@article{Schönhärl_2021, title={Why does a prestigious emission house emit
    a loan for a peripheral state? The house of Rothschild and the Greek guaranteed
    loan of 1833}, volume={63}, DOI={<a href="https://doi.org/10.1080/00076791.2019.1593373">10.1080/00076791.2019.1593373</a>},
    number={4}, journal={Business History}, publisher={Informa UK Limited}, author={Schönhärl,
    Korinna}, year={2021}, pages={557–573} }'
  chicago: 'Schönhärl, Korinna. “Why Does a Prestigious Emission House Emit a Loan
    for a Peripheral State? The House of Rothschild and the Greek Guaranteed Loan
    of 1833.” <i>Business History</i> 63, no. 4 (2021): 557–73. <a href="https://doi.org/10.1080/00076791.2019.1593373">https://doi.org/10.1080/00076791.2019.1593373</a>.'
  ieee: 'K. Schönhärl, “Why does a prestigious emission house emit a loan for a peripheral
    state? The house of Rothschild and the Greek guaranteed loan of 1833,” <i>Business
    History</i>, vol. 63, no. 4, pp. 557–573, 2021, doi: <a href="https://doi.org/10.1080/00076791.2019.1593373">10.1080/00076791.2019.1593373</a>.'
  mla: Schönhärl, Korinna. “Why Does a Prestigious Emission House Emit a Loan for
    a Peripheral State? The House of Rothschild and the Greek Guaranteed Loan of 1833.”
    <i>Business History</i>, vol. 63, no. 4, Informa UK Limited, 2021, pp. 557–73,
    doi:<a href="https://doi.org/10.1080/00076791.2019.1593373">10.1080/00076791.2019.1593373</a>.
  short: K. Schönhärl, Business History 63 (2021) 557–573.
date_created: 2022-01-11T08:06:22Z
date_updated: 2022-01-18T10:13:13Z
department:
- _id: '445'
doi: 10.1080/00076791.2019.1593373
intvolume: '        63'
issue: '4'
keyword:
- History
- Business
- Management and Accounting (miscellaneous)
- Business and International Management
language:
- iso: eng
page: 557-573
publication: Business History
publication_identifier:
  issn:
  - 0007-6791
  - 1743-7938
publication_status: published
publisher: Informa UK Limited
quality_controlled: '1'
status: public
title: Why does a prestigious emission house emit a loan for a peripheral state? The
  house of Rothschild and the Greek guaranteed loan of 1833
type: journal_article
user_id: '89037'
volume: 63
year: '2021'
...