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Author:
Title:Prudentius Diagnosing a healthy business
Journal:Management Accounting (London)
1988 : FEB, VOL. 66:2, p.18, 21
Index terms:ACCOUNTING SYSTEMS
PHARMACEUTICAL INDUSTRY
COMPANY REPORTS
Language:eng
Abstract:Review of how Glaxo Holdings, the U.K. pharmaceutical company gained a satellite link to New York and Tokyo stock markets, and how despite its growth in sales and profits, its share price dropped. Differences between U.K. and U.S. in calculating profits: dividends added to equity capital in U.S practice and other conceptual differences. A Box outlines the reconciliation to U.S. accounting principles.
SCIMA record nr: 73443
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