Elliott Products Ltd

Andrew M. McCosh and Michael J. Earl

Chapter 7 in Accounting Control and Financial Strategy, 1978, pp 59-74 from Palgrave Macmillan

Abstract: Abstract Mr James Hunt joined the Anderson Paper and Packaging Group in March 1968 as a member of the main board and chairman of two of the company’s operating subsidiaries. Prior to joining Anderson he had been 30 years with one of the largest companies in the paper industry, primarily in the financial function but also with experience in general management, including a period as managing director of a case-making subsidiary. A few days after his appointment with Anderson he received a memorandum from Mr Eric Syme, managing director of Elliott Products Limited, one of the two subsidiaries for which he was responsible, asking him to sponsor before the main board a capital expenditure proposal. The proposal entailed an investment of about £170,000 in facilities to produce disposable plastic cups, and showed an expected return in excess of 40 per cent (see Exhibit 6).

Keywords: Main Board; Significant Market Share; Flexible Packaging; Disposable Paper; Profit Plan (search for similar items in EconPapers)
Date: 1978
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DOI: 10.1007/978-1-349-15947-5_7

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