| Author: | Herzig, N. Mauritz, P. |
| Title: | Ökonomische Analyse einer bilanziellen Marktbewertungspflicht für originäre und derivative Finanzinstrumente |
| Journal: | Zeitschrift für Betriebswirtschaft
1998 : VOL. 68:4, p. 335-361 |
| Index terms: | ACCOUNTING ECONOMIC ANALYSIS |
| Language: | ger |
| Abstract: | Accounting for derivative financial instruments is currently the subject of intensive discussion in both accounting theory and practice. In this paper we reflect on the economic implications of a rather neglected accounting approach, the marking-to-market of financial instruments for accounting purposes. We come to the conclusion that a statutory standardised marking-to-market for all financial instruments irrespective of the industry and irrespective of the purpose produces striking advantages. There are, amongst others, a better capital allocation through more useful information on the assets and profits of a company and improved protection of both creditors and shareholders. |
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