Prices policy accounting methodology and corporate financial viability : an empirical study

Abstract

In modern times specialization has led to increased efficiency and sophistication in many fields of human endeavour including many areas of academic disciplines. Advantage of such developments are also known to be counterbalanced to some extent by reduced communication and understanding between the areas of specialization. This book deals with something like the above situation arising out of the operation of a prices policy using Conventional Accounting Mythology in order to attain certain socio-economic objectives in the U. K. The book is primarily based on my Ph.D. thesis and covers problems, analyses and evidences that cross the boundaries of economics, accounting, finance and public policy.

Inflation, conventional accounting and public intervention in economic activities especially in the industry sector are also commonplace things in developing countries. The book also contains about one and a half chapter on Bangladesh to demonstrate the University of the problem and the tools of analysis with special reference to public sector enterprise. Lessons of the study presented in this book are that unless important interconnections between relevant variables are correctly appreciated objectives of policy prescriptions can not be achieved. It is hoped that the book will make some contribution in emphasizing the need for multi-disciplinary approach as well as providing materials for facilitating such understanding by policy makers at both and macro-levels.