Über dieses Buch
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.
Introduction to Information in Markets
Basic Decision-Facilitating Role of Information
Public Information in Equity Markets
Private Investor Information in Equity Markets
Disclosure of Private Owner Information in Equity and Product Markets
- Economics of Accounting
- Springer US
- Print ISBN
- Electronic ISBN
Peter O. Christensen
Gerald A. Feltham