IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-15309-1_10.html
   My bibliography  Save this book chapter

The Allocation of Profits

In: Business Finance & the Capital Market

Author

Listed:
  • K. Midgley
  • R. G. Burns

Abstract

This final chapter in the section concerned with financial control examines the way in which the profit an organisation makes is allocated to the various competing claims. This allocation is made by the directors, and although it might appear a formality, because all profits after paying dividends on earlier ranking capital belong to the ordinary-share holder, in practice it is rather more complicated. The ordinary-share holder never does get his full due immediately, be it because of Government policy, or directors building up the company over which they hold power, or any of the other diverse reasons discussed hereafter.

Suggested Citation

  • K. Midgley & R. G. Burns, 1969. "The Allocation of Profits," Palgrave Macmillan Books, in: Business Finance & the Capital Market, chapter 10, pages 161-178, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-15309-1_10
    DOI: 10.1007/978-1-349-15309-1_10
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-1-349-15309-1_10. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.