Reasons for Expansion



In tracing the various motivating forces underlying expansion, the first possibility to be considered is that of organisation and planning leading to the economies of large-scale enterprise. Other possibilities followed up are mergers, for the purpose of establishing greater control over the sources of raw materials and markets, or for gaining the advantages of diversification, or simply to eliminate competition. The evolution of the industrial leviathans is then considered. The chapter concludes with a brief comment on the desirability of a favourable economic environment.


Capital Market Small Firm Large Firm Business Finance Technical Economy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Further Reading

  1. G. C. Allen, Economic Fact and Fantasy (Institute of Economic Affairs 1967).Google Scholar
  2. Arthur Beacham, Economics of Industrial Organisation, ed. L. J. Williams (Pitman 1962) ch. iii.Google Scholar
  3. P. S. Florence, Ownership, Control and Success of Large Companies (Sweet & Maxwell 1961).Google Scholar
  4. J. K. Galbraith, The New Industrial State (Hamish Hamilton 1967). The 1966 Reith Lectures.Google Scholar
  5. Harry Miller, The Way of Enterprise, Institute of Economic Affairs (Andre Deutsch 1963).Google Scholar
  6. R. W. Moon, Business Mergers and Take-Over Bids (Gee 1960).Google Scholar
  7. B. Tew and R. F. Henderson, Studies in Company Finance, National Institute of Economic & Social Research (Cambridge University Press 1959).Google Scholar
  8. Sir Thomas Robson, ‘Business Size and National Economic Growth’, Accountancy (Feb 1967).Google Scholar

Copyright information

© K. Midgley and R. G. Burns 1969

Authors and Affiliations

There are no affiliations available

Personalised recommendations