Economics of Accounting: Information In Markets: Volume 1 (Springer Series in Accounting Scholarship)

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9780387239323: Economics of Accounting: Information In Markets: Volume 1 (Springer Series in Accounting Scholarship)
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This is the softcover version of a title that was released in 2002 and has sold more than 500 copies since then world wide.

Examines the fundamentals of the decision-facilitating and decision-influencing role of information in accounting.

Emphasises the impact of public and private information on equilibria and investor welfare in capital and product markets.

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"Economics of Accounting: Information in Markets" examines the fundamentals of a variety of economic analyses of the decision-facilitating and decision-influencing roles of information that are pertinent to the study of the economic impact of accounting. While much of information economic analysis makes no explicit reference to accounting, many generic results apply to accounting reports. Furthermore, the impact of accounting reports depends on the other information received by the economy's participants. Hence, it is essential that accounting researchers have a broad understanding of the impact of publicly reported information within settings in which there are multiple sources of public and private information. The focus in this volume is on the decision-facilitating role of information, with emphasis on the impact of public and private information on the equilibria and investor welfare in capital and product markets.

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9781402072291: Economics of Accounting: Information in Markets: Information in Markets v. 1 (Springer Series in Accounting Scholarship)

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ISBN 10: 1402072295 ISBN 13: 9781402072291
Publisher: Springer, 2002
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