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Risk Societies: The Global Firm as a Laboratory of Risk Management, 1280-2030

Obiettivo

RISK-LABS reimagines global firms as historical laboratories of risk governance. Spanning seven centuries and four continents, and drawing on established longue durée approaches, it examines how firms have adapted to and been shaped by systemic crises, from plague, warfare, piracy, and espionage to financial collapse, reputational attacks, and climate change.

Rather than treating risk as a modern concept confined to probability or insurance, RISK-LABS traces how risk has historically been constructed, managed, and institutionalized within firms. It argues that firms have operated not merely as market actors, but as strategic agents in the governance of risk and uncertainty.

Combining research in rich archives with computational network modelling, RISK-LABS investigates four British firms active across key historical junctures in regional and global contexts: the Merchants of the Staple (13th–16th centuries), the English East India Company (17th–19th), Jardine Matheson (19th–21th), and BAE Systems (20th–21st). These firms are treated as primary case studies in institutional experimentation, each facing distinct social, political, economic, environmental, and technological risks.

The project explores how firms responded to risk not through fixed strategies, but dynamic processes of experimentation, adaptation, and resilience. Its methodological innovations lie chiefly in integrating qualitative, comparative, and international firm-level archival research with digital tools for mapping historical networks of trade, governance, and risk.

Engaging contemporary debates on “polycrisis” and the “risk society”, RISK-LABS reframes these discussions by showing that firms have long functioned as discrete risk laboratories. Rather than envisioning a single “risk society” emerging in modernity, the project uncovers multiple risk societies in microcosm—offering a new framework for understanding capitalism’s evolution through the ongoing negotiation of risk across time.

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Istituzione ospitante

UNIVERSITY OF YORK
Contributo netto dell'UE
€ 2 407 260,14
Indirizzo
HESLINGTON
YO10 5DD YORK NORTH YORKSHIRE
Regno Unito
Regione
Yorkshire and the Humber North Yorkshire York
Tipo di attività
Higher or Secondary Education Establishments
Collegamenti
Costo totale
Nessun dato

Beneficiari (2)