The Auckland Islands, a subantarctic archipelago 465 kilometres south of New Zealand, were the setting for one of the stranger episodes in the global history of colonial expansion. From 1849–52, these remote, inhospitable islands were governed and settled by a chartered company. The project was driven by lofty ambitions to simultaneously create a flourishing settler colony and unlock vast new whaling grounds in the Southern Ocean; the reality was a commercial disaster plagued by bitter internal disputes and a speedy abandonment. Drawing on the methods of global microhistory, I argue that the colonization of the Auckland Islands was a pivotal moment in the integration of the Southern Ocean world into global processes of governance, mobility, and trade. This anomalous case contributes to recent scholarship on ‘company-states’ and the central role of such hybrid polities in processes of cross-regional interaction and globalization.

Chartered companies provided one solution for the problems posed by long-distance trade in the early modern world. Accordingly, these organisations have been studied exhaustively. Yet the field is by no means depleted, as the books reviewed here attest. These six books cover questions ranging from whether the chartered companies acted as real business organisations or rather as appendages of state power, the relations between companies and states, the institutional development of the corporate form, and the nature of some of these companies as “company-states.” In addition, two edited volumes deal with specific aspects of the chartered companies and with noncorporate forms of merchant organisation. The works raise new questions and engage in ongoing debates. The review also raises a number of issues which could be addressed in future research, including the dominance of the East India Companies in our understanding of the corporate form as a whole.

In the late seventeenth and early eighteenth centuries, officers of the Danish West India and Guinea Company struggled to balance the sovereignty of the company with the mastery of St. Thomas’ and St. John's slave owners. This struggle was central to the making of the laws that controlled enslaved Africans and their descendants. Slave laws described slave crime and punishment, yet they also contained descriptions of the political entities that had the power to represent and execute the law. Succeeding governors of St. Thomas and St. John set out to align claims about state sovereignty with masters’ prerogatives, and this balancing act shaped the substance of slave law in the Danish West Indies. Indeed, the slave laws pronounced by and the legal thinking engaged in by island governors suggest that sovereignty was never a stable state of affairs in the Danish West Indies. It was always open to renegotiation as governors, with varying degrees of loyalty to the company and at times with questionable capability, strove to determine what sovereignty ought to look like in a time of slavery.