商品簡介
Cash Flow and Corporate Finance in Victorian Britain focuses on joint stock limited liability companies in the coal, iron and steel industries. These companies comprised a major and rapidly expanding sector of the economy during the mid and late Victorian period and one in which company formation was a relatively early development following the mid-century legislation.
This study presents a methodology based on the concept of cash flow and produces, in tabular form, annual cash flow statements for a sample population of twenty companies in coal, iron and steel from their respective formation dates to 1914. For the benefit of the non-accountant, a detailed example showing the means by which these figures are derived is included, together with an analysis of the development of the financial reporting process through the second half of the nineteenth century.
作者簡介
M. V. Pitts is a lecturer in Accounting and Finance in the Warwick Business School, University of Warwick.
