Abstract

International differences in the demand for accounting income predictably affect the way it incorporates economic income (change in market value) over time. We characterize the "shareholder" and "stakeholder" corporate governance models of common and cod law countries respectively as resoling information asymmetry by public disclosure and private communication. Also, code law directly links accounting income to current.

Publication Date

2000

Comments

Note: imported from RIT’s Digital Media Library running on DSpace to RIT Scholar Works in February 2014.

Document Type

Article

Department, Program, or Center

Accounting (SCB)

Campus

RIT – Main Campus

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