IDEAS home Printed from https://ideas.repec.org/a/taf/bushst/v52y2010i4p564-589.html
   My bibliography  Save this article

Can macro-economic sources be used to define UK business performance, 1855-1914?

Author

Listed:
  • A. J. Arnold
  • Sean McCartney

Abstract

The measurement of business performance addresses issues central to business history and this paper examines the evidence on rates of return for UK risk-bearing capital across the period 1855-1914. Existing series, based on the archival records of individual companies and on market data, provide results that are relatively reliable, if limited in scope. The national income accounting framework, in conjunction with capital stock measurements, instead offers the potential to identify a comprehensive series, although one subject to a number of valuation assumptions. In this paper, such a new series is provided and evaluated.

Suggested Citation

  • A. J. Arnold & Sean McCartney, 2010. "Can macro-economic sources be used to define UK business performance, 1855-1914?," Business History, Taylor & Francis Journals, vol. 52(4), pages 564-589.
    • Handle: RePEc:taf:bushst:v:52:y:2010:i:4:p:564-589
    DOI: 10.1080/00076791003753160
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00076791003753160
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00076791003753160?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kennedy, William & Delargy, Robert, 2000. "Explaining Victorian entrepreneurship: a cultural problem? A market problem? No problem?," Economic History Working Papers 22377, London School of Economics and Political Science, Department of Economic History.
    2. Antcliff, V. & Higgins, David & Toms, Steven & Wilson, J.F., 2007. "Business strategy and firm performance: the British corporate economy, 1949-1984," The York Management School Working Papers 36, The York Management School, University of York.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nicholas Crafts & Timothy Leunig & Abay Mulatu, 2008. "Were British railway companies well managed in the early twentieth century?1," Economic History Review, Economic History Society, vol. 61(4), pages 842-866, November.
    2. William Quinn, 2019. "Squeezing the bears: cornering risk and limits on arbitrage during the ‘British bicycle mania’, 1896–8," Economic History Review, Economic History Society, vol. 72(4), pages 1286-1311, November.
    3. Quinn, William, 2016. "Technological revolutions and speculative finance: Evidence from the British Bicycle Mania," QUCEH Working Paper Series 2016-06, Queen's University Belfast, Queen's University Centre for Economic History.
    4. Acheson, Graeme G. & Coyle, Christopher & Turner, John D., 2018. "Prices and informed trading: Evidence from an early stock market," QUCEH Working Paper Series 2018-05, Queen's University Belfast, Queen's University Centre for Economic History.
    5. Quinn, William, 2016. "Squeezing the bears: Cornering risk and limits on arbitrage during the 'British Bicycle Mania', 1896-1898," QUCEH Working Paper Series 2016-05, Queen's University Belfast, Queen's University Centre for Economic History.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:bushst:v:52:y:2010:i:4:p:564-589. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FBSH20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.