Itinerario, Vol. 43, No. 1, 107–121. © 2019 Research Institute for History, Leiden University. This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (http:// creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited. doi:10.1017/S0165115319000081 Investing in French Overseas Companies: A Bad Deal? The Liquidation Processes of Companies Operating on the West Coast of Africa and in India (1664–1719)1 ELISABETH HEIJMANS* E-mail:
[email protected] Although French chartered companies operating on the west coast of Africa and in India followed a similar model of organization, their liquidation processes differed depending of the area of their monopoly. As well as exploring the reasons for the distinction between these two regions of exclusive trade, this article demonstrates that the differing liquidation processes negatively impacted company shareholders in the two regions. Taking the perspective of shareholders farther, it explores the case of a specific investor and the informal economic profits he benefitted from. This approach contributes to dee- pening our understanding of the French early modern companies’ bankruptcies by exam- ining informal aspects that would not be readily visible from an exclusively institutional point of view. Keywords: Overseas companies, French early modern empire, informal bankruptcies, shareholders, informal profits French overseas companies in