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Estates, Enterprise and Investment at the Dawn of the Industrial Revolution - Estate Management and Accounting in the North-East of England, c.1700-1780 (Hardcover, New Ed)
Loot Price: R4,357
Discovery Miles 43 570
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Estates, Enterprise and Investment at the Dawn of the Industrial Revolution - Estate Management and Accounting in the North-East of England, c.1700-1780 (Hardcover, New Ed)
Series: Modern Economic and Social History
Expected to ship within 10 - 15 working days
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At the beginning of the eighteenth century the landed estate
represented the largest and most clearly defined type of business
organisation in existence in pre-industrial England. Given the need
for capital, wayleave rights and a ready supply of coal, iron and
other raw materials it is unsurprising that most historians tend to
place Britain's formative industrial development on such estates
where all these elements were available. Yet despite this
consensus, relatively little attention has been paid to the
management and accountancy practices of these estates, which have
the potential to reveal much about the development of the
industrial revolution. In this study the management practice on
estates in the north-east of England (c.1700-1780) is examined
through the lens of the accounts and supporting documentation.
Accounts encompassed every aspect of estate operations from the
housekeeper's groceries to the lead and coal mines, and thus
provide direct evidence of the underlying management systems over a
diverse range of activities. The information flows on estates serve
as an excellent medium for testing hypotheses concerning the
management of estates and the attitudes of their owners and
stewards. Focusing on the surviving accounts of three leading
gentry families, Bowes, Ridley and Cotesworth, who came from
contrasting social backgrounds, two main issues are addressed. The
first concerns the productivity of estates. Were estates managed
efficiently as productive investments, and more specifically, to
what extent can the landowners and their stewards legitimately be
described as capitalists? The second, related, question asks in
what ways did accounting aid managerial activity at this early
stage of industrial development? These are the central questions
this book addresses through examination of the nature and function
of accounts within the organisation. By looking in detail at
records from this crucial region during the period of transition to
an industrial
General
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