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Community Survey: How old is the longest continuously operating commercial firm?

  • 1.  Community Survey: How old is the longest continuously operating commercial firm?

    Posted 7 days ago

    I would like to do a simple "wisdom of the crowd" experiment.

    Can you please estimate: How old is the longest continuously operating commercial business in the world?

    You do not need to do any research on this. Just give your best estimate.  

    Enter the number of years here. http://jpm.li/249

     

    I will post the results of this little experiment here on the community.

     

    Many thanks in advance for your participation.

     

    Peter

     



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    Johann Peter Murmann
    Professor
    University of St. Gallen
    St. Gallen
    41712242364
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  • 2.  RE: Community Survey: How old is the longest continuously operating commercial firm?

    Posted 6 days ago

    Well if you mean still operating then I am not sure, but if you mean historically then it has to be the temple organisations of ancient Mesopotamia which operated continuously for about 3000 years. See Sterba, R.L. (1976). The Organization and Management of the Temple Corporations in Ancient Mesopotamia. The Academy of Management Review

    Vol. 1, No. 3 (Jul., 1976), pp. 16-26

     

     

    Mark

     

    image006.png@01D38FA4.D9F336C0

    Mark Fenton-O'Creevy | Professor of Organisational Behaviour

    Faculty of Business and Law

    The Open University, Michael Young Building, Walton Hall, Milton Keynes, MK7 6AA
    Tel: +44 (0) 1908 655804.

     

    Recent publications

    Personality, ideology, and money attitudes as correlates of financial literacy and competence

    FentonO'Creevy, Mark, and Adrian Furnham

    Financial Planning Review (2019): e1070.

     

    Money attitudes, personality and chronic impulse buying. 

    Money attitudes, personality and chronic impulse buying

    Fenton-O'Creevy, Mark and Furnham, Adrian (2019). Applied Psychology: An International Review (Online Early Access).

     

    Personality and political orientation

    2018. A Furnham, M Fenton-O'Creevy

    Personality and Individual Differences 129, 88-91

    Is the disposition effect related to investors' reliance on System 1 and System 2 processes or their strategy of emotion regulation?

    2018. DW Richards, M Fenton-O'Creevy, J Rutterford, DG Kodwani

    Journal of Economic Psychology 66, 79-92

    A multilevel analysis of the use of individual pay-for-performance systems

    2018. P Gooderham, M Fenton-O'Creevy, R Croucher, M Brookes

    Journal of Management 44 (4), 1479-1504

    Antecedents and consequences of chronic impulsive buying: Can impulsive buying be understood as dysfunctional selfregulation?

    2018. M FentonO'Creevy, S Dibb, A Furnham

    Psychology & Marketing 35 (3), 175-188

     

     






  • 3.  RE: Community Survey: How old is the longest continuously operating commercial firm?

    Posted 5 days ago

    Colleagues,

     

    A devilishly complex question in the guise of a simple question.

     

    The Hudson's Bay Company is a chain of mall stores in the Great White North that has its origins in a Stewart royal charter of 1670.

     

    See Peter C. Newman's excellent three volume history of the firm published in the 1980s.  I have lost track of the firm, it has weathered hard times and multiple strategic redirections, but I think something still exists.

     

    One man's opinion,

     

    Allen D. Engle, Sr.

    Foundation Professor of Management

    Eastern Kentucky University

    Richmond, Kentucky

    USA






  • 4.  RE: Community Survey: How old is the longest continuously operating commercial firm?

    Posted 4 days ago
    An inn in Japan is claimed to be run by the same family since 705 CE. But if you are looking for proof in the form of a surviving share certificate, it is Stora Kopparberg in Sweden, since 1288 CE.

    Farok J. Contractor, Ph.D.
    DISTINGUISHED PROFESSOR
    Management & Global Business Dept., Rutgers Business School (New Brunswick & Newark). Post To: 1 Washington Park, Newark, NJ 07102.

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    RUTGERS PAGE: http://www.business.rutgers.edu/faculty/farok-contractor