The decline of companies and voluntary organisations as infrastructure providers in nineteenth-century England

Autor:	Ian Webster
Rok vydání:	2021
Předmět:	History Turnover Business Management and Accounting (miscellaneous) Business Business and International Management Public administration
Zdroj:	Webster, I 2021, ' The decline of companies and voluntary organisations as infrastructure providers in nineteenth-century England ', Business History . https://doi.org/10.1080/00076791.2021.1926990
ISSN:	1743-7938 0007-6791
Popis:	By 1900, local authorities had succeeded companies and voluntary organisations as the major providers of utilities, schools and hospitals. This article examines why the role of companies and voluntary organisations diminished. It does this by comparing the financial results of companies, voluntary organisations and local authorities to identify the differing objectives they pursued. The results show that the priority for companies was short term dividend payments, while voluntary organisations put their charitable objectives first. In contrast, local authorities invested heavily to promote long term growth. Councils also pursued this objective by taking over a significant number of utility companies and voluntary schools.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::903f7335f18d0d39dc436508a8365884 https://doi.org/10.1080/00076791.2021.1926990 Zobrazit plný text záznamu