Effects on the Scottish financial sector
Article Abstract:
The financial sector in Scotland needs to strengthen its marketing and products if it is to take advantage of opportunities offered by the imminent single European market of 1992. The competitiveness of Scottish financial institutions mainly is hampered by a lack of capital. Scotland has attractions for European businesses, including a strong infrastructure of accountants, lawyers, and other professionals, and could become a center for venture capital. However, the ease of entry into the UK will mean that domestic competition will increase, and Scotland as a site for companies suffers in comparison with other countries offering tax advantages. Life insurance companies could be competitive, but are hampered by their mutual corporate structure that limits their acquisitions of other companies. The mutual life insurance companies could link up with European banks to market their products.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1990
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Making corporate reports valuable
Article Abstract:
A new corporate report format is suggested that is basically the same for both the firm and the investor. The format provides for such data as: a firm's objectives and performance toward meeting them; current total wealth compared to the previous reporting period; projections of future performance, resources, and environment; and basic ownership, control, and management background data. Several accounting and related statements are suggested: assets and liabilities, operations, changes in financial wealth, distributions, cash flow, and objectives. Benefits of the format include: reduced insider advantages, more viable share market, improved investor control of management, better investment data, and improved company reputation.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1988
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How to make money
Article Abstract:
For a corporation, saving money is much different from making money. Defensive schemes cannot fundamentally improve a company's sales position. Only aggressive marketing, and bold individual strategists, can truly make money in business. Marketing strategies geared to improving profits through market segmentation and specialization are analyzed; the strategies and tactics used by Noble Grossart, the John Wood Group and Murray International Metals are examined, as are the individual contributions made by affiliated entities all over the world.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1986
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- Abstracts: The amendment to the capital accord to incorporate market risk. The Basle Committee's proposals for a new capital adequacy assesment framework: a critique
- Abstracts: The role of the financial adviser in helping owners leave their businesses in style. Investment advising in goods times and bad
- Abstracts: An empirical test of the impact of managerial self-interest on corporate capital structure. A note on the welfare consequences of new option markets
- Abstracts: Nonsynchronous data and the covariance-factor structure of returns. Testing portfolio efficiency when the zero-beta rate is unknown: a note
- Abstracts: The risks of competition. Corporate de-listing: getting away from it all? Investing in global equities