search query: @indexterm Industrial development / total: 454
reference: 9 / 454
| Author: | Bryer, R. |
| Title: | Capitalist accountability and the British Industrial Revolution: The Carron Company, 1759-circa. 1850 |
| Journal: | Accounting, Organizations and Society
2006 : NOV, VOL. 31:8, p. 687-734 |
| Index terms: | accounting accountability finance capitalism industrial development change companies business history socialism United Kingdom |
| Language: | eng |
| Abstract: | The paper argues that accounting (hereafter as: acc-g.) historians can help us to understand the origins of the British Industrial Revolution (BIR) by explaining the contribution of acc-g. to financial (as: finc.) success. Re-examined is the archive of the Carron Company (hereafter as: Carron) from 1759 to 1850 to explore the theory derived from Marx. It is shown that Carron's partners used integrated finc. and management accounts based on double entry bookkeeping to impose capitalist accountability on their managers and workers. it is argued that zealous acc-g. was critical to Carron's finc. success because accountability for capital drove organizational and technical innovation and it underlay the partners' early social solidarity etc. |
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