PDF BookAccounting by the First Public Company The Pursuit of Supremacy (Routledge New Works in Accounting History)

[Get.qbhA] Accounting by the First Public Company The Pursuit of Supremacy (Routledge New Works in Accounting History)

[Get.qbhA] Accounting by the First Public Company The Pursuit of Supremacy (Routledge New Works in Accounting History)

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The United Dutch East India Company was the first public company, preceding the formation of the English East-India Company by over 40 years. Its fame as the first public company which heralded the transition from feudalism to modern capitalism and its remarkable financial success for nearly two centuries ensure its importance in the history of capitalism. Although a publicly owned, highly complex and diversified business, and commonly agreed to be the largest and most profitable business in the 17th century, throughout its existence the Dutch East-India Company never produced public accounts of its financial affairs which would have allowed investors to judge the performance of the Company. Its financial accounting, which changed little during its lifetime, was not designed as an aid to rational investment decision-making by communicating the Company’s financial performance but to be a means of promoting sound stewardship by senior management. This study examines the contributions of accounting to the remarkable success of the Dutch East-India Company and the influences on these accounting practices. From the time that the German economic historian Werner Sombart proposed that accounting techniques, most especially double-entry bookkeeping, were critical to the development of modern capitalism and the public company, historians and accounting scholars have debated the extent and importance of these contributions. The Dutch East-India Company was a capitalistic enterprise that had a public, permanent capital and its principal objective was to continually increase profit by reinvesting its returns in the business. Rather than the organisation and management of the Dutch East-India Company reflecting the perceived benefits of a particular bookkeeping method, the supremacy that it achieved and maintained in a very hazardous business at a time of recurring conflict between European states was a consequence of the practicalities of 17th century business and The Netherlands’ unique, threatening natural environment which shaped its social and political institutions. LLM Postgraduate Laws University of London ... Gain a prestigious University of London LLM by distance learning. Study for a prestigious qualification in postgraduate laws anywhere in the world. Loot.co.za: Sitemap 9780078730009 0078730007 Glencoe Science Grade 8 Span 9781436796385 1436796385 Camp and Cantonment a Journal of Life in India in 1857-1859 - With Some Account of ... Racial Reorganization and the United States Census 1850 ... Date Published: spring 2008 Full Text. Racial Reorganization and the United States Census 1850-1930: Mulattoes Half-Breeds Mixed Parentage Hindoos and the Mexican ... Overcoming Serious Indecisiveness - home.ubalt.edu How People Avoid Making Serious Decisions In The Histories written in 450 B.C. Herodotus makes the following statement: "If an important decision is to be made [the ... The Food Timeline: cake history notes About cake The history of cake dates back to ancient times. The first cakes were very different from what we eat today. They were more bread-like and sweetened with ... Dutch East India Company - Wikipedia Dutch East India Company / United East India Company Militaryindustrial complex - Wikipedia The militaryindustrial complex (MIC) is an informal alliance between a nation's military and the arms industry which supplies it seen together as a vested ... Loot.co.za: Sitemap 5024545514520 Blakes Blakes 9781436757850 1436757851 A Woman for Mayor - A Novel of Today (1909) Helen Maria Winslow Walter Dean Goldbeck 9780836878097 0836878094 ... Opinionistas Daily Maverick Aalia is an Economist and Researcher based at the Development Policy Research Unit at the University of Cape Town. She holds a Masters degree in Development Economics ... artdiamondblog.com: Schumpeter Archives Schumpeter wrote that the entrepreneur is the one who overcomes obstacles to get the job done (1950 p. 132). Obstacles come in many forms. One of them is consumer ...
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