The performance of European business in the Twentieth century
Title: The performance of European business in the Twentieth century
Citation: Oxford : Oxford University Press, 2016
This book is a first attempt at measuring European business performance over the entire twentieth century and in doing so provides a totally new approach to European business history. It is based on a single sample of 1,225 companies, belonging to eight European economies: the UK, France, Germany, Italy, Spain, Belgium, Sweden, and Finland. Performance has been measured in terms of return on equity (ROE) and holding return (HR), thus providing a complementary measure of profitability, the former from the firm’s perspective, the latter from the investor’s perspective. The book’s findings, at times surprising, at once confirm and challenge widely held assumptions regarding business performance—regarding strategy and structure, ownership and control, old and new industries, emerging and advanced economies.
Table of Contents:
-- Part I Overview and methodology --1 The performance of European enterprise during the Twentieth century --2 Methodology and traps --3 Ownership and performance in European big business --Part II Countries’ performance --4 The performance of Belgian enterprises in the Twentieth century --5 The performance of British business in the Twentieth century --6 The performance of French business in the Twentieth Century --7 The performance of German big business in the Twentieth century --8 Big business performance in Twentieth-century Italy --9 Spanish business performance in the Twentieth century --10 Growth and profits in Swedish and Finnish big business in the Twentieth century --Part III Industries’ performance --11 Old industries in Europe, 1911–2000 --12 The performance of 'Chandlerian Enterprises' --13 The performance of European transport and utilities in the Twentieth century --14 Commercial and financial services