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New England Textiles in the Nineteenth Century: Profits and Investment.
・ISBN 978-0-674-61400-0 hard US$ 41.00
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| 著者・編者 | McGouldrick, Paul F., |
|---|---|
| シリーズ | (Harvard Economic Studies) |
| 出版社 | (Harvard University Press, US) |
| 出版年月 | 1968 |
| ページ数 | 296 pp. |
| 言語 | ENG |
| ニュース番号 | ＜A05-89207＞ |
解説
This unique study determines, by means of rigorous quantitative analysis, how cycles in New England cotton textile profits, output, borrowing, and capacity affected investment-and therefore industrial growth-during the nineteenth century. The firms studied were transitional forms between owner-managed companies and the modern corporation. From primary sources, Paul McGouldrick has constructed standardized balance sheets and income statements for each company year by year. A painstaking comparison with a much broader sample of companies shows that trends and cycles in profit rates for companies studied were typical of the industry.