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The VOC is often cited as the first company in history to sell stocks and operate based on responsibilities to stockholders, and as, perhaps, the first multi-national corporation.<ref>Matt Matsuda, ''Pacific Worlds'', Cambridge University Press (2012), 73.</ref> At its peak, the Company boasted 257 ships and 12,000 employees.<ref name=tignor>Robert Tignor, [[Benjamin Elman]], et al, ''Worlds Together, Worlds Apart'', vol B, Fourth Edition, W.W. Norton & Co (2014), 495.</ref>
 
The VOC is often cited as the first company in history to sell stocks and operate based on responsibilities to stockholders, and as, perhaps, the first multi-national corporation.<ref>Matt Matsuda, ''Pacific Worlds'', Cambridge University Press (2012), 73.</ref> At its peak, the Company boasted 257 ships and 12,000 employees.<ref name=tignor>Robert Tignor, [[Benjamin Elman]], et al, ''Worlds Together, Worlds Apart'', vol B, Fourth Edition, W.W. Norton & Co (2014), 495.</ref>
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Though overshadowing the [[Chinese in Nagasaki|Chinese merchants in Nagasaki]] in most Western treatments of the subject, in fact the volume of trade in which Chinese in Nagasaki dealt dwarfed that of the VOC factory.<ref>[[Marius Jansen]], ''China in the Tokugawa World'', Harvard University Press (1992), 23.</ref>
    
==History==
 
==History==
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