NEW INSIGHTS FROM COST ACCOUNTING INTO BRITISH ENTREPRENEURIAL PERFORMANCE CIRCA 1914

1979 ◽  
Vol 6 (1) ◽  
pp. 17-28 ◽  
Author(s):  
Robert R. Locke
Keyword(s):  
Economic Development ◽  
Management Accounting ◽  
Cost Accounting ◽  
European Economic ◽  
Entrepreneurial Performance ◽  
Science Of Management

This article takes issue with economic historians who have tried to rehabilitate the reputation of the late Victorian and Edwardian entrepreneur. It argues that the revisionist attempt to ground their case on cost, profit, and productivity calculations flounders because of an insufficient analysis of the factors involved in arriving at cost, profit, and productivity. The economic historian, preoccupied with recent European economic development could, therefore, improve his analysis by incorporating the science of management accounting into his methodology. A companion piece to this article will be published in the fall issue of the journal.

COST ACCOUNTING

1979 ◽  
Vol 6 (2) ◽  
pp. 1-22 ◽  
Author(s):  
Robert R. Locke
Keyword(s):  
Cost Accounting ◽  
Institutional Factors ◽  
Entrepreneurial Performance ◽  
Spring Issue

This article, like that published in the spring issue, again finds fault with recent attempts by economic historians to rehabilitate the reputation of the late Victorian and Edwardian entrepreneur. It argues that, since after 1880 cost accounting became a “necessary” technology for good entrepreneurial performance, the revisionist economic historians' failure to consider institutional factors, like cost accounting, has led them to overlook elements essential to an appraisal of comparative entrepreneurial performance. The growing inferiority of British costing methods, as opposed to American and German, moreover, meant a relative British entrepreneurial failure.

Corneto-Tarquinia and the Italian Mercantile Republics: The Earliest Evidence

1974 ◽  
Vol 42 ◽  
pp. 224-234 ◽  
Author(s):  
David Abulafia
Keyword(s):  
Economic Development ◽  
Twelfth Century ◽  
Luxury Goods ◽  
High Class ◽  
European Economic

On balance far more is known of trade in luxury goods during the twelfth and thirteenth centuries than of trade in essential foodstuffs and minerals such as wheat and salt. This is surprising in a way, because the sources that refer to commodity movements, such as commercial treaties, are often far more eloquent on vital topics such as grain than they are on the myriad luxury items that passed through Acre, Messina and other great ports of the late twelfth century. Partly this emphasis on high-class goods has been the responsibility of recent historians, who saw in the spasms of Mediterranean trade the key to European economic development; partly it is the fault of the treaties and privileges that survive, for there is no knowing whether, say, two hundred salmae of wheat that a monastery was allowed to export free of tolls represented all its export capacity, part of that capacity, or an amount normally well above that capacity—a purely notional figure.

The Role of Entrepreneurial Performance in Supporting Economic Development of Countries: An Empirical Approach

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Valentina Diana Rusu ◽  
Angela Roman
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Progress ◽  
Entrepreneurial Performance ◽  
Panel Data Estimation ◽  
Positive Effects ◽  
National Competitiveness ◽  
Key Factor ◽  
Future Economic Development

Abstract Entrepreneurship is recognized as one of the factors stimulating economic growth and increasing economic competitiveness. In addition, the Europe 2020 Strategy has focused its attention on entrepreneurship as a key factor of economic growth, social progress, and employment. In this context, our study examines the role of entrepreneurial performance for sustaining the development of countries, focusing on a sample of European countries. We attempt to reveal if increasing entrepreneurial performance would have significant influence on improving the economic position of countries and their future economic development. Starting from the OECD-Eurostat Entrepreneurship Indicators Programme we use a set of entrepreneurial performance indicators as independent variables and examine to what extent they can influence competitiveness and economic growth, seen as dependent variables of the models. We focus on a period of 10 years (2008–2017) and we apply panel-data estimation techniques. Because the period considered includes the period of the last international financial crisis, we also include in our analysis a dummy variable. Our results emphasize that the changes in entrepreneurial performance play a significant role in enhancing national competitiveness and economic growth. Our findings contribute to the expansion of literature in the field by providing evidence on the correlation of indicators that measure entrepreneurial performance with national competitiveness and economic growth. Moreover, our findings point out the need of the policy makers to adopt measures and policies that help and stimulate entrepreneurs to become more performant because they can generate positive effects to the economy as a whole.

scholarly journals An examination of the factors affecting the performance of Management Accounting students at the Durban University of Technology

2020 ◽  
Author(s):  
◽  
Stephanie Caroline Singh
Keyword(s):  
South Africa ◽  
Student Performance ◽  
Positive Impact ◽  
Management Accounting ◽  
Cost Accounting ◽  
Accounting Students ◽  
Factors Affecting ◽  
Five Factors ◽  
University Of Technology ◽  
The Impact

The success of a module at a university of technology is measured by student performance. At the Durban University of Technology in the Department of Management Accounting, students in their second year of study struggle with conceptualising content in Cost Accounting two which affects their performance. The purpose of this study was to identify the factors which may impact on the performance of Cost Accounting two students and to determine if these factors have a significant association with a student’s performance in Cost Accounting two. Many studies have identified various factors which may influence students’ academic performance. For the purpose of this study, five factors that may affect student performance were identified and examined. The independent variables or factors identified were attendance, age, gender, grade 12 results and language. The dependent variable for this study was performance (in Cost Accounting two). In order to measure the performance of students included in the study, the percentage achieved in Cost Accounting two for the semester was used. Although studies have been conducted on student performance at universities across South Africa and around the world, limited studies were conducted on the performance of Cost Accounting two students within South Africa. The study aimed to identify the factors that affect the performance of Cost and Management Accounting students at a university of technology and the impact of those factors on performance. The study found that only student attendance has a positive impact on student performance in Cost Accounting two. The findings of this study may be useful to the Department of Management Accounting at the DUT and other universities of technology. It is hoped that the current study will be useful to other teachers of cost and management accounting at universities on which factors influence the academic achievement of students.

The ALLTEL Pavilion Case: Strategy and CVP Analysis

2004 ◽  
Vol 19 (4) ◽  
pp. 555-565 ◽  
Author(s):  
Edward Blocher ◽  
Kung H. Chen
Keyword(s):  
Management Accounting ◽  
Cost Accounting ◽  
Pricing Strategies ◽  
Strategic Issues ◽  
Service Business ◽  
Different Types ◽  
Operating Leverage

The ALLTEL Pavilion case is intended for the undergraduate management accounting or cost accounting course and the M.B.A. management accounting course. It provides an excellent context in which to examine strategic issues in using cost volume profit (CVP) in a service business. Based on an actual entertainment pavilion, the case develops many factors unique to a service business and illustrates how pavilion management can use CVP analysis to determine which artists to attract and what kinds of contracts to have with these performers. The Pavilion has two types of customers (paying ticket holders and free ticket holders) and earns profits from three types of revenues (ticket revenues, concession revenues, and parking fees). The case requires you to identify the best strategy for different types of artists, conduct cost-volume-profit analyses, consider the strategic issues related to operating leverage and how this affects the choice of performer and contract, and assess pricing strategies.

Management Accounting Issues: Opinions and Comments

Auditor ◽  
2020 ◽  
Vol 6 (1) ◽  
pp. 47-53
Author(s):  
N. Mislavskaya
Keyword(s):  
Philosophy Of Science ◽  
Management Accounting ◽  
Cost Accounting ◽  
Accounting System ◽  
Methods Of Calculation ◽  
Current Paradigm ◽  
Management Accounting System

Th e article focuses on the stationarity of the crisis in the development of the national management accounting system. Th e author presents his position on such trivial problems as the organization of management accounting and shortcomings of functioning methods of calculation and cost accounting. Th e projection on the situation of the postulates of the philosophy of science actualizes the transformation of generally accepted views on the current paradigm, in connection with which the defi nition of objects of management accounting is subject to revision and rethinking.

scholarly journals Improvement of the mechanism of management accounting of enterprise expenses in the conditions of clusterization

2021 ◽  
Vol 3 (4(59)) ◽  
pp. 6-11
Author(s):  
Pavlo Hlasov
Keyword(s):  
Management Accounting ◽  
Cost Accounting ◽  
Accounting System ◽  
Effective Mechanism ◽  
Financial Investment ◽  
Priority Areas ◽  
Innovation Potential ◽  
Current State ◽  
Cluster Mechanism ◽  
Cost Accounting System

The object of research is the implementation of clustering of the economy as an effective mechanism for management accounting of the costs of enterprises. One of the most problematic areas is the identification of the main priority areas of clustering the economy, which will actively influence the development of management accounting of enterprises' costs. The use of a cluster mechanism for management cost accounting, thanks to management, information, personnel, financial, investment, and innovation potential, will create a research base for developing cost accounting methods and assess the prospects for its use in clusters. The analysis of the current state of the introduction of clustering of the economy is made on the example of Ukraine. The main characteristics of the directions of development of the introduction of clustering of the economy have been determined. The main priority areas of clustering of the economy will actively influence the development of management accounting of enterprises' costs. In the course of the study, approaches to clustering the economy as an effective mechanism for management accounting of enterprises' costs are used. The stages of the introduction of clustering of the economy as an effective mechanism for management accounting of the costs of enterprises are determined. These stages provide for the determination of the role of clustering the economy in creating an effective mechanism for accounting for expenses in clusters and the development and implementation of action plans for its implementation. The next step is to analyze the implementation of management accounting of expenses in clusters and develop the principles of its formation. For their implementation, it is proposed to develop directions for the development of the introduction of clustering of the economy and to present the cluster mechanism as an effective factor in improving the management accounting of enterprises' costs. Thanks to this, it is possible to prevent and solve the problems of management accounting of expenses in clusters and to increase the efficiency of the cluster association. In comparison with similar well-known methods, the proposed approaches allow to form an effective management cost accounting system and improve management in clusters using the cluster approach.

scholarly journals Audit in ensuring the effectiveness of tourism management

2020 ◽  
Vol 29 (4) ◽  
pp. 755-764
Author(s):  
Karina O. Nazarova ◽  
Volodymyr Yu. Hordopolov ◽  
Svitlana V. Sakhno ◽  
Mariia O. Nezhyva ◽  
Taras Yu. Furman
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Management System ◽  
Management Accounting ◽  
Effective Interaction ◽  
Tourism Industry ◽  
External Audit ◽  
Tourism Management ◽  
Business Analysis ◽  
Vector Direction

Due to the spread of the coronavirus pandemic, the losses of the tourism industry in Ukraine in 2020 are estimated at more than 1.5 billion dollars. USA. The current situation requires an adequate response from the government and business, which leads to an increased need for the use of scientific tools to justify the options for optimal economic development and relevant management decisions. Under such conditions, the key to sustainable development of the tourism industry should be the maximum use of management tools: management accounting, analysis and audit, implemented in the concept of their effective interaction. The aim of the article is to improve the theoretical and praxeological principles of management accounting, analysis and audit in the tourism management system, by developing the concept of their synergy and substantiation of prospects for implementation as a key imperative for sustainable development of the tourism industry. The economic and social significance of tourism in modern conditions is determined by the fact that the tourism business contributes to economic development, developing related industries, promotes employment, growth of gross domestic product, is a significant source of foreign exchange earnings. Experts from the World Tourism Organization emphasize the historical sustainability of tourism and its ability to create jobs after crises, and emphasize the importance of international cooperation and ensuring that the sector becomes a central part of the recovery effort after the coronavirus pandemic. To increase the efficiency of the tourism industry, as an imperative for sustainable development of the national economy, it is advisable to use such management system tools as management accounting, analysis and audit, implemented in the concept of effective interaction. The article identifies the place of a separate concept in the formation of the paradigm of management accounting, analysis and audit. One of the concepts that contributes to the modern audit paradigm is the concept of synergy between internal and external audit proposed in this study. A qualitative feature of the proposed concept is the two-vector direction of its action, as it is aimed at meeting the needs of internal and external users of information, which fundamentally distinguishes it from other concepts of audit. The proposed scheme of management of the tourist enterprise on the basis of interaction of administrative accounting, business analysis and audit will promote their practical realization in activity of the subject of tourist business. One of the concepts that contributes to the modern audit paradigm was the concept of synergy of internal and external audit proposed in this study. A qualitative featureof the proposed concept is the two-vector direction of its action, as it is aimed at meeting the needs of internal and external users of information, which fundamentally distinguishes it from other concepts of audit. The practical implementation of the interaction of management accounting tools, business analysis and audit at the micro level will also be facilitated by the developed scheme of tourism enterprise management based on the interaction of management accounting, business analysis and audit.

scholarly journals European Economic Integration in Kosovo

2016 ◽  
Vol 1 (3) ◽  
pp. 105
Author(s):  
Malush Krasniqi
Keyword(s):  
International Economic ◽  
Economic Development ◽  
Economic Integration ◽  
World Economy ◽  
Integration Process ◽  
European Economic ◽  
Contemporary World ◽  
Post War ◽  
New Strategies ◽  
The Eu

Topics addressed, European economic integration, as well as with important phenomenon, which is facing Kosovo in recent years, since the post-war process. The process of international economic integration is one of the most important phenomena of the contemporary world economy. The trend of international economic integration is the reconstruction of the country devastated by war, is an undeniable necessity, the only reason to catch the trend of the world's economic development. Kosovo has a very favorable position, bridging the central Balkans with the possibility of Development extraordinarily large because the Europe could have connected in short way with two continents. The main goal: increasing economic cooperation, the creation of new strategies for accelerating the process, fulfilling the standards required in the EU, the extent of market economy, regulation of relations with neighbors, etc. Topics that will discuss is European economic integration, the way how to reach to where we want is a road with many challenges and barriers, with special emphasis will be elaborated the process of stable and association, agreements signed by Kosovo, always having as target strengths and weaknesses of these agreements in the economic aspect of the country. Republic of Kosovo, respectively, institutions and people, are fully committed to the European integration process with the intent to join the EU.

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