Dennis and Alan (DA plc)
Vivien Beattie,
Stella Fearnley and
Richard Brandt
Chapter 10 in Behind Closed Doors, 2001, pp 212-249 from Palgrave Macmillan
Abstract:
Abstract This group was originally a family company which had subsequently obtained a listing. It was still controlled by the shareholdings of the family members. A substantial proportion of the publicly owned shares were held by institutions. The group had two main divisions which complemented each other. One was a cash generator and the other needed substantial working capital. The group operated out of a number of sites. At the time of our visit the cash-rich division was experiencing poor trading conditions. Also the board was aware of an impending hid. The head office was a lean operation with most of the accounting done in the two divisions. The board was small, and some of the directors had substantial shareholdings. There were two independent non-executive directors.
Keywords: Corporate Governance; Cash Flow; Balance Sheet; Audit Committee; Loss Account (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59941-3_10
Ordering information: This item can be ordered from
http://www.palgrave.com/9780230599413
DOI: 10.1057/9780230599413_10
Access Statistics for this chapter
More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().