Accounting Disclosure and Real Effects
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9781601980625
ISBN:1601980620
Pub Date: 2007Publisher: Now Publishers Summary: Accounting Disclosure and Real Effects presents a new approach to the study of accounting measurement and disclosure that challenges the existing accounting literature. This new approach ? the ?real effects? perspective ? argues that how firms? economic transactions, earnings, and capital flows are measured and reported to the capital markets has substantial effects on the firms? real decisions and on the allocation [read more]
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9781601980625
ISBN:
1601980620
Pub Date: 2007
Publisher: Now Publishers
Accounting Disclosure and Real Effects presents a new approach to the study of accounting measurement and disclosure that challenges the existing accounting literature. This new approach ? the ?real effects? perspective ? argues that how firms? economic transactions, earnings, and capital flows are measured and reported to the capital markets has substantial effects on the firms? real decisions and on the allocation of resources in the economy in general. Accounting Disclosure and Real Effects should be required reading for accounting regulators and corporate managers who have to deal with alternative accounting standards and disclosure requirements. This landmark survey is the only source to focus on the real effects approach to the study of disclosure.
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