Lookup NU author(s): Tom McLean,
Professor Tom McGovern
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).
A study of the NESCo provides a micro-history of the emergence of the electricity supply industry in Britain up to the First World War. This research examines the role of social capital in the establishment and growth of the NESCo, the only financially successful British electric power company. Temporal bracketing was adopted to evaluate two distinct time periods: emergence from 1889-1899; and growth from 1900-1914. Family, business and social networks together with geographical and political factors secured the company’s dominant position. The structural relationship with Merz & Mclellan contributed to growth through acquisitions, joint ventures, and access to new markets.
Author(s): McLean T, McGovern T
Publication type: Article
Publication status: Published
Journal: British Accounting Review
Print publication date: 01/05/2017
Online publication date: 30/01/2017
Acceptance date: 22/01/2017
Date deposited: 24/01/2017
ISSN (print): 0890-8389
ISSN (electronic): 1095-8347
Publisher: Academic Press
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