New England Textiles in the Nineteenth Century : Profits and Investment
Book Details
Format
Hardback or Cased Book
Book Series
Harvard Economic Studies
ISBN-10
0674614003
ISBN-13
9780674614000
Publisher
Harvard University Press
Imprint
Harvard University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jan 1st, 1968
Print length
296 Pages
Weight
499 grams
Product Classification:
Business & management
Ksh 6,300.00
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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.
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