The purpose of this study is to show the importance of inflation accounting application in investment decision making in particular in stock markets. The effect of inflation accounting on stock returns is examined among the Turkish firms listed on the Istanbul Stock Exchange (ISE) in 2003....

Herein we seek to extend understanding of the 'accounting-cycle' hypothesis by comparing the Australian, and United Kingdom (UK) experiences with inflation accounting during 1973-85. The existence of 'cycles' in accounting standard-setting was first suggested in respect of inflation-accounting...

Purpose – The purpose of this paper is to examine the long-term relationship between the rate of inflation and the returns of real estate and financial assets traded in New Zealand markets. Design/methodology/approach – The question of whether these assets are good candidates to hedge...

This paper provides an interpretive synopsis of the results of a conference on inflation-induced distortions in financial reporting and taxation held in October 1981 at the height of the post-war inflation. It provides analysis of the magnitudes of the likely distortions in reporting and...

This study examines the usefulness to investors of the “monetary correction” (corrección monetaria) required under Chilean accounting standards. The monetary correction arises when nonmonetary assets and liabilities and owners’ equity are restated for changes in the purchasing power of...

The purpose of this study is to show the importance of inflation accounting application in investment decision making in particular in stock markets. The effect of inflation accounting on stock returns is examined among the Turkish firms listed on the Istanbul Stock Exchange (ISE) in 2003....