The Development of the Capital Market between the End and Beginning of the 19th and 20th Centuries: An Investigation of Relations with Industry in Brazil

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Juliano Vargas
Juliano Vargas
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Dr. Daniela Freddo
Dr. Daniela Freddo

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GJHSS Volume 24 Issue E3

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In this paper, the general objective is to highlight the development of the capital market and its relations with industry in Brazil between the end of the 19th century and the beginning of the 20th century. The underlying hypothesis is that the capital markets in Rio de Janeiro and São Paulo were driven by changes in legislation and institutions created at the time. Due to these changes, transactions on Stock Exchanges have become an important attraction for companies. It is concluded that the national capital market was decisive in stimulating Brazilian industry in the period, with both changes in legislation and institutions being the fundamental links in this connection.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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Juliano Vargas. 2026. \u201cThe Development of the Capital Market between the End and Beginning of the 19th and 20th Centuries: An Investigation of Relations with Industry in Brazil\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 24 (GJHSS Volume 24 Issue E3): .

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Alt text: Academic article on the evolution of capital markets from the 19th to 20th centuries in Brazil.
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Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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August 10, 2024

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English

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In this paper, the general objective is to highlight the development of the capital market and its relations with industry in Brazil between the end of the 19th century and the beginning of the 20th century. The underlying hypothesis is that the capital markets in Rio de Janeiro and São Paulo were driven by changes in legislation and institutions created at the time. Due to these changes, transactions on Stock Exchanges have become an important attraction for companies. It is concluded that the national capital market was decisive in stimulating Brazilian industry in the period, with both changes in legislation and institutions being the fundamental links in this connection.

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The Development of the Capital Market between the End and Beginning of the 19th and 20th Centuries: An Investigation of Relations with Industry in Brazil

Juliano Vargas
Juliano Vargas
Dr. Daniela Freddo
Dr. Daniela Freddo

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