Corporate collapse : regulatory, accounting and ethical failure
Author(s)
Bibliographic Information
Corporate collapse : regulatory, accounting and ethical failure
Cambridge University Press, 1997
- : hbk
- : pbk
Available at / 42 libraries
-
No Libraries matched.
- Remove all filters.
Note
Includes bibliographical references (p. 284-288) and index
Description and Table of Contents
Description
This provocative book investigates the role of accounting in the sudden collapse of companies which were apparently reaping healthy profits. Why has accounting failed to reveal companies' true financial position or warn of impending collapse? Examining a number of well-known cases from the last three decades, the authors argue that there are serious problems inherent in the system of reporting financial information. In a lively and highly readable book, the authors balance broad interpretation and recommendations for reform with fine detail of particular cases.
Table of Contents
- Preface
- 1. Swindlers' list
- 2. Creative accounting
- 3. The corporate 1960s - dubious credit and tangled webs
- 4. Reid Murray - the archetypal failure
- 5. Stanhill - public and private corporate 'games'
- 6. H. G. Palmer - 'Gilt' by association
- 7. Going for broke in the 1970s
- 8. Minsec - decline of a mining trader
- 9. Cambridge Credit - other people's money
- 10. Uncoordinated financial strategies at Associated Securities Ltd.
- 11. 1980s: Decade of the deal?
- 12. Adsteam on the rocks
- 13. Bond Corporation Holdings Ltd. (Group) - entrepreneurial rise and fall
- 14. Groupthink and consolidation accounting
- 15. Fatal attrition - accounting's diminishing serviceability
- 16. Ethos abandoned, vision lost, accounting at the professional cross roads?
by "Nielsen BookData"