This text focuses on the questions "why does accounting exist, and what contribution does it make to the creation of wealth?" These issues are central to economic theory, and in particular the Theory of the Firm. Existing theory's failure to fully address economic problems such as de-industrialization, "short-termism" and the success of the Japanese firm is also discussed. This text aims to provide a new synthesis of accounting and the theory of the firm through contractual theory and the management control model. Critical insights are given into contemporary economic issues such as the interrelationship between corporate and governance and accounting in the divisionalized firm, the reasons for the dominance of financial control in "Anglo-Saxon" economies and the consequences for economic development. The theoretical ideas are applied to the UK electronics industry.
Sprache
Verlagsort
Verlagsgruppe
Zielgruppe
Für höhere Schule und Studium
Für Beruf und Forschung
Illustrationen
Maße
Höhe: 159 mm
Breite: 223 mm
Gewicht
ISBN-13
978-1-85628-503-2 (9781856285032)
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Schweitzer Klassifikation
Imperfect information, equilibrium and economic institutions; the theory of the firm and accounting 1 - the industrial economics paradigm; the theory of the firm and accounting 2 - the contractual approach; natural selection analogies, accounting and organizational change; the theory of the firm and management control; management control and hierarchical decomposition; the screw-driver and warehouse operation - the theory of the firm and value added accounting; the economic consequences of management accounting; rational versus natural selection - strategy and management control in the UK electronics industry.
