Studies in Profit, Business Saving and Investment in the United Kingdom 1920-1962: Volume 2
Studies in Profit, Business Saving and Investment in the United Kingdom 1920-1962: Volume 2
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This second volume of the Glasgow Studies in Profit, Business Saving, and Investment tests economic theories of factor distribution, profit appropriation, investment determinants, and return on capital using financial data from Volume 1. It measures long-run and short-run variations in the profit-to-employee compensation ratio, the relationship between sales or profits and fixed asset expenditure, and the long-term decline in the rate of return on capital in the UK.
Format: Paperback / softback
Length: 282 pages
Publication date: 01 November 2023
Publisher: Taylor & Francis Ltd
Originally published in 1968, this second volume of the Glasgow Studies in Profit, Business Saving, and Investment employs the financial data gathered in Volume 1 to put economic theories of the distribution of income among factors, the appropriation of profit, the determinants of investment, and the return on capital to the test. The tests made it possible to measure long-run and short-run variations in the ratio of profit to employee compensation in the United Kingdom at the level of individual industries and the entire industrial sector. In addition to determining the relationship between a company's sales or profits and its spending on fixed assets, the book details the long-term decline in the rate of return on capital in the UK and assesses the impact of competition on this return.
Originally published in 1968, this second volume of the Glasgow Studies in Profit, Business Saving, and Investment employs the financial data gathered in Volume 1 to put economic theories of the distribution of income among factors, the appropriation of profit, the determinants of investment, and the return on capital to the test. The tests made it possible to measure long-run and short-run variations in the ratio of profit to employee compensation in the United Kingdom at the level of individual industries and the entire industrial sector. In addition to determining the relationship between a company's sales or profits and its spending on fixed assets, the book details the long-term decline in the rate of return on capital in the UK and assesses the impact of competition on this return.
Weight: 530g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032024158
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