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Western Enterprise in Late Ch'ing China: A Selective Survey of Jardine, Matheson & Company's Operations, 1842–1895 in Harvard East Asian Monographs 26. Cambridge, Massachusetts: Harvard University Press. ISBN 978-0-674-95010-8. Matheson Connell, Carol (2004). A Business in Risk – Jardine Matheson and the Hong Kong Trading Industry. Praeger.
James Matheson, one of the two founders of the Hong Kong-based Jardine Matheson trading company, founded Matheson & Company in 1848 after he returned from China. [1] The company was created in a reorganization of Magniac-Jardine and Company, which had come close to liquidation in the 1847 financial crisis. [2]
The company is controlled by the Keswick family, who are descendants of co-founder William Jardine's older sister, Jean Johnstone. Jardine Matheson is a Fortune Global 500 company. [11] In 2013, both Jardine Matheson and Jardine Strategic were among the top 200 publicly traded companies in the world, as valued by market capitalisation. [12]
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William Jardine (24 February 1784 – 27 February 1843) was a Scottish opium trader and physician who co-founded the Hong Kong–based conglomerate Jardine, Matheson & Co. Educated in medicine at the University of Edinburgh , in 1802 Jardine obtained a diploma from the Royal College of Surgeons of Edinburgh .
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The founder of the dynasty, William Keswick was born in 1834, in Dumfriesshire in the Scottish Lowlands.His grandmother, Jean Jardine Johnstone was an older sister of Dr. William Jardine, the founder of Jardine Matheson & Company His father Thomas Keswick had married Margaret Johnstone, Jardine's niece and daughter of Jean, and entered the Jardine business.
The company had to weather financial crises in 1848 and 1866, supported by credit from Matheson & Co., and in 1890 returned the favor when Matheson found itself in difficulty. [ 17 ] The company was among the most influential of the agency houses that dominated the Bengal Chamber of Commerce , after Andrew Yule and Company and Bird and Company ...