In this article I explore the protean organizational forms used by the Kaiser and Bechtel construction companies between 1930 and 1950. Kaiser and Bechtel prospered during the Depression and World War II because, as members of the Six Companies consortium of construction firms, they refused to adopt a “best practice” model of corporate organization drawn from the diversified manufacturing and distribution sectors. Instead, Kaiser and Bechtel used a variety of organizational forms to win numerous government contracts for public works and defense production, transforming themselves from small regional firms into substantial national and global corporations. I contribute to modern academic debate over the historical forms of business enterprise and the conjunction of state consumption and private production.

We provide here a complement to recent work on family business, which has demonstrated the need to go beyond the generic definition of the family firm to place personal capitalism in an appropriate institutional, historical, and cultural framework. By focusing on the nineteenth‐ and twentieth‐century experiences in Britain, Spain, and Italy, we challenge the notion that in the nineteenth and twentieth centuries there was anything so simple as a Mediterranean model for family business. Rather, we demonstrate the need to consider family businesses in national and regional contexts if we are to understand their various capabilities and characteristics. We use similarities and differences in the experiences and responses of families and firms in the three countries to support this claim.

Tensions arose in the X-ray department of the Philips research laboratory during the interwar period, caused by the interplay among technological development, organizational culture, and individual behavior. This article traces the efforts of Philips researchers to find a balance between their professional goals and status and the company's strategy. The X-ray research, overseen by Gilles Holst, the laboratory's director, and Albert Bouwers, the group leader for the X-ray department, was a financial failure despite technological successes. Nevertheless, Bouwers was able to continue his X-ray research, having gained the support of company owner Anton Philips. The narrative of the X-ray department allows us to explore not only the personal tensions between Holst and Bouwers, but also the interaction between individual goals and company strategy in an industrial research laboratory.

Jardine Matheson & Company, a Hong Kong conglomerate founded in 1832, has survived political upheaval and global and regional economic crises, transforming itself several times. From their beginnings in the commission business, William Jardine and James Matheson developed a reputation for sound financial management that furthered their trading relationships and supported their firm's expansion from agency house to managing agent to investment house between 1832 and 1885. Fundamental to Jardine Matheson's success was the strategic decision to eschew speculation and to concentrate on building a pattern of relationships within and outside the business that would foster the flow of information, the knowledge with which to interpret it, the ability to influence others, and a reputation for probity that would attract and retain trading partners.