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Download PDF by Ingrid Jeacle: Accounting and Popular Culture

By Ingrid Jeacle

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The problem of “incommensurability”, where a lack of common language inhibits easy translation of the word across contexts and cultures (Dubnick, 2002, p. 4) has not impeded its progress as the standard bearer for neo-liberal reforms. In the twenty-first century, accountability has become a kind of cure-all for the problems associated with managing complex environments (Dubnick, 2002, p. 5) or at least of giving the appearance of doing so. When it comes to government or business accountability to citizens, there has been a subtle shift from the McKinsey model, in that while performance metrics (for example in the form of hospital waiting lists, school league tables and rail delays) may be presented to citizens, they have no power to remove the heads of (for example) the privatised utilities that fail to meet expectations.

Twenty five of the shopping malls were remortgaged in the six months prior to the Glazers’ takeover of MU which is why some argue the “cash” put up by the Glazers for the purchase of the club is simply debt from somewhere else. uk/news/10237268). The Tampa Bay Buccaneers have mortgages approaching US $100 million. Added to that, banks in the USA have put 28 of the shopping malls owned by First Allied Corporation on a watch list, which means they are concerned about the loans. uk/news/10237268).

To this day, many MU fans wear green and gold scarves as opposed to the modern day colours of red and white. The rest of 2004 saw an elaborate pantomime being played out. The press reported that Glazer tried to appease the fans by announcing that Alex Ferguson (the manager) would be offered a long-term contract if his bid was successful (Rawling, 2004). 9 per cent) to block Glazer’s take-over attempt unless Glazer could purchase 29 per cent of the shares. Stock Exchange rules stated that shareholdings over 29 per cent trigger an automatic take-over bid.

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Accounting and Popular Culture by Ingrid Jeacle

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