David Bogle is a Lecturer (Education) in Financial History at Queen’s University Belfast. David’s teaching and research background is in actuarial science, finance, and financial history. His research focuses on the history of asset management, financial regulation, shareholder liability, and preference shares. David teaches economics and corporate finance.
Abstract: Why did shareholder liability disappear? We address this question by looking at its use by British insurance companies from 1830 until its complete disappearance by 1975. We explore three explanations for its demise: (1) regulation and government-provided policyholder protection meant that it was no longer required; (2) it had become de facto limited; and […]
Abstract: What shapes and drives capital market development over the long run? In this paper, using the asset portfolios of UK life assurers, we examine the role of regulation, historical contingency, and political reactions to events on the long-run development of the UK capital market. Government response to events such as war, hegemony-secured peace, and […]