Article ID: CBB653295363

Adapting to Crisis: Accounting Information Systems during the Weimar Hyperinflation (Autumn 2020)

unapi

German corporations are characterized as having been adaptable in the face of numerous traumatizing events during the twentieth century. This article explores how firms adapted their accounting information systems during the hyperinflation of the 1920s. It suggests that responses to the crisis focused on system elements identified as key to continuing operations. Initially, firms amended selling and purchasing arrangements, modified financial reporting, and shifted managerial reporting to nonmonetary information. As inflation accelerated, human resources were diverted to maintaining critical functions, especially those related to remunerating labor. While some elements of accounting systems fell into disrepair, there were also examples of innovation.

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Authors & Contributors
Hau, Michael G.
Kravetz, Melissa
Pawliczek, Aleksandra
Remenyi, Maria
Rodríguez Ocaña, Esteban
Sauerteig, Lutz D. H.
Journals
Business History Review
NTM: Zeitschrift für Geschichte der Naturwissenschaften, Technik und Medizin
Zeitschrift für Unternehmensgeschichte
History of Psychology
HOST: Journal of History of Science and Technology
Journal of the History of Medicine and Allied Sciences
Publishers
Harvard University
European Association for the History of Medicine and Health Publications
Manchester University Press
University of Chicago Press
Concepts
Business history
Medicine and society
Accounting
Medicine
Science and society
Physicians; doctors
People
Ford, Henry
Weber, Max
Jaensch, Walther (1889-1950)
Kendrick, John W.
Heinrich Wieleitner
Boulware, Lemuel R.
Time Periods
20th century
19th century
20th century, early
Places
Weimar Republic (1919-1933)
Germany
United States
Great Britain
France
Spain
Institutions
Ford Motor Company
General Motors Corporation
Humboldt Universität zu Berlin
Rockefeller Foundation
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