Ferranti. Volume 3, Management, mergers and fraud 1987-1993 : a history. / John F. Wilson.

Format:

Book

Author/Creator:

Wilson, John F., author.

Language:

English

Subjects (All):

Electrical engineering--Great Britain--History.

Electrical engineering.

Ferranti Ltd--History.

Ferranti Ltd.

Great Britain.

Genre:

History.

Physical Description:

1 online resource (308 pages) : illustrations

Edition:

1st ed.

Place of Publication:

Manchester, [Michigan] : Manchester University Press, 2013.

Summary:

This history of Ferranti during the last six years of its long existence provides a detailed exposition of the merger with an American firm that would bring it to its knees. Although only covering six years, this builds on the previous two volumes of the Ferranti history that has outlined how the firm grew into one of the UK's leading defence electronics operations. Having survived a major liquidity crisis in 1974-75, Ferranti recovered robustly under new management, only to flounder under the same leadership as a result of a major foray into the American defence electronics industry. The case-study outlines the inherent dangers in international mergers, as well as the acute problems associated with City and corporate governance practices which resulted in decisions that undermined Ferranti fatally.

Contents:

[Vol. 1] Building a family business, 1882-1975

vol. 2 From family firm to multinational, 1975-1987

vol. 3 Management, mergers and fraud, 1987-1993.

Notes:

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (EBC, viewed February 8, 2018).

ISBN:

1-5261-1921-8

OCLC:

1085654525