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Burmah Oil Company

In: Accounting Control and Financial Strategy

Author

Listed:
  • Andrew M. McCosh
  • Michael J. Earl

Abstract

In the closing months of 1975, it was by no means clear whether the chairman, Mr Alastair Down, would succeed in preventing the liquidation of the company. Mr Down was named chairman in the early part of the year after an acute liquidity crisis had brought about the departure of several top executives. The Bank of England had guaranteed certain loans to the company, but only until the end of 1975.

Suggested Citation

  • Andrew M. McCosh & Michael J. Earl, 1978. "Burmah Oil Company," Palgrave Macmillan Books, in: Accounting Control and Financial Strategy, chapter 4, pages 25-37, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-15947-5_4
    DOI: 10.1007/978-1-349-15947-5_4
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