ABSTRACT
The emergence of a profit-sharing scheme in the Hans Renold company in
1920 with its particular emphasis on accounting numbers and principles and
in the very early years of the Company's history. Moreover, events and
pressures which occurred in the 5 years or so preceding the scheme's
framework of organisational and environmental requirernentJ with the
which concludes with the scheme as an inevitable and natural consequence of
a linear chain of events. In addition, the corollary to such an approach could
then lead to a position whereby the very intertwining of accounting and
industrial relations itself takes on the characteristic of a similar inevibility.