lies at the heart of accounting and capital markets research, these new developments have had only a faint echo in these … valuation, managerial control, auditing and information systems. Such accounting and business applications will also make … knowledge originated. This paper is an overview of common knowledge and its actual and potential applications to accounting and …

Accounting practices differ across geographic and political boundaries, across sectors of the economy within these … overview of the sources, consequences, and limits of these forces as they relate to accounting. …

rethink the structure of institutions of accounting, auditing, corporate governance and executive compensation. Replacement of … the system of authoritative standards by a competitive, common law approach to accounting principles and rules may help …

Design of contracts that define firms, and their accounting systems depends on the conditions in the firm's factor and … product markets. We examine the fundamental difficulty of defining and developing "uniform" accounting for diverse economic … States. There are important differences in industrial organization, accounting entities, markets for capital, managers, and …

on share price. To mitigate potential problems from using conventional accounting performance measures, we use Ohlson s …

This study considers accounting in the new information economy. The basic framework of accounting for firms reflects a … capital and products. It helps develop a perspective on the changes in organizations and accounting systems. Five aspects of … accounting in the new economy are considered. Technology; Information and Efficiency; New Organization design for web commerce …

This paper articulates the arguments for and against introducing competition into the accounting standard … leadership in making accounting rules, (2) the increased risk of a "race to the bottom" under regulatory competition, (3) the … inability of most users of financial reports to understand the complex technical issues underlying accounting standards, (4) the …

various accounting and real instruments of earnings management, complicate the task of detecting such management in field data. …