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Keywords: ultra vires borrowing
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Journal Articles
Accounting Historians Journal (2017) 44 (2): 1–15.
Published: 01 December 2017
... the two local breweries that were R. & D. Sharp's immediate competitors. The study finds that the company's response to the industrial decline took two forms: the company auditor manipulated its financial data to maintain an appearance of financial stability, condoned ultra vires borrowing...