RARE "British Economist' E.A. Lowe Hand Signed 3.25X5.75 Card for Sale

On eBay Now...

RARE "British Economist' E.A. Lowe Hand Signed 3.25X5.75 Card For Sale

When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

RARE "British Economist' E.A. Lowe Hand Signed 3.25X5.75 Card:
$199.99

Up for sale a RARE! "British Economist' E.A. Lowe Hand Signed 3.25X5.75 Card.

ES-1855

Ernest Anthony (Tony) Lowe (June 1928 - 5 March 2014) was a British economist, and Professor of Accounting and Financial Management at the University of Sheffield, known for his work on management control, and management control systems. Lowe started his career as chartered accountant and received his BSc in Economics at the London School of Economics. In the beginning of his academic career he held appointments at the Durham University, the University of Leeds, the Massachusetts Institute of Technology, Harvard University and the University of California, Berkeley, and back in England mid-1960s at the University of Bradford, and then as senior lecturer in management accounting at Manchester Business School. In 1971 Lowe was appointed Professor of Accountancy and Financial Administration, and later Professor of Accounting and Financial Management at the University of Sheffield, where he held the university’s first chair in accounting. From 1997 to 2012 he was director of the Management Control Association. Lowe was one of the first authors to define management control systems. In his 1972 article "On the idea of a management control system" he listed the following four reasons for the need for a planning and control system:The need for a planning and control system within a business organization flows from certain general characteristics of the nature of business enterprises, the chief of which are follows:• firstly, the enterprise has (by definition) organizational objectives, as distinct from the separable and individual ones of the members constituting the 'managerial coalition'• Secondly, the managers of the sub-units of the enterprise must necessarily be ambivalent in view of their own personal goals, as well as have a good deal of discretion in deciding how they should behave and in formulating their part of any overall plan to achieve organizational objectives;• thirdly, business situations (and people's behaviour) are full of uncertainty, internally as well as externally to the business enterprise.• fourthly, there is a necessity to economize, in human endeavours we are invariably concerned with an allocation of effort and resources so as to achieve a given set of objectives... The term ‘management control’ was given of its current connotations by Robert N. Anthony (Otley, 1994).