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The rivalry for trade in tea and textiles between the English and Dutch East India companies is very much a global history. This trade is strongly connected to emblematic events such as the opening of Western trade with China, the Boston Tea Party, the establishment of British Empire in Bengal and the Industrial Revolution.

Is there any truth in the story that the morality of the servants of the Dutch East India Company in the eighteenth century was so rotten that one should believe the Dutch maxim 'Vergaan Onder Corruptie' - in translation something like 'Succumbed to Corruption' - and use this as an explanation for a very complex phenomenon? Chris Nierstrasz introduces us in his In the Shadow of the Company, to the realities of the decision makers and of the servants in the field. Responding to the changing realities in Asia, the Company could only try to use the mercantile potential of its higher...