The strategies of the Spanish cotton textile companies before the Civil War: The road to longevity

Abstract

94 The French army did not question the product's quality and price; it was only worried about the delivery of the material. The dialogue between the manufacturer and a general of the French army can illustrate the situation. Whenever delivery times were too short, the Sedó family raised the product's final price and justified this action by mentioning the need to speed up production: "Procurarem fer-li el que ens demana, pero no podem donar cap garantia sobre la qualitat del producte final" ("We will try to do what you require, but we cannot guarantee the quality of the final product") said the family, and the French general's answer was "no es preocupin per la qualitat. El soldat que porti aquest uniforme estara mort abans que esfaci malbe la tela" ("Do not worry about quality. The soldier wearing that uniform will be dead long before the tissue is worn out."). Cabana, Fàbriques i empresaris, 292. 95 The behaviour of the Sedó family company was the opposite of that of the firms described by Higgins and Toms, "Financial distress". 96 Tafunell (2000).

ándida Morand y Viuda de Carbonell: luz sobre una hidden giant

“…12 Balances de A. Carbonell(Castejón, 1977, pp. 120-123).13 Sobre esta cuestión, sirvan como ejemplo las empresas algodoneras españolas enFernández-Roca (2012). Véase su bibliografía sobre otros casos.14 Ratio de liquidez: activo circulante/pasivo circulante.…”