search query: @author Penno, M. / total: 8
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| Author: | Penno, M. Simon, D. T. |
| Title: | Accounting choices : public versus private firms. |
| Journal: | Journal of Business Finance and Accounting
1986 : WINTER, VOL. 13:4, p. 561-569 |
| Index terms: | ACCOUNTING PRINCIPLES PUBLIC CORPORATIONS PRIVATE COMPANIES USA |
| Language: | eng |
| Abstract: | The different choices of accounting method for groups of publicly-traded and privately-held firms. The hypothesis that private firms are less likely to choose income-increasing accounting alternatives for financial reporting purposes than are public firms was tested. The hypothesis was strongly supported for the choice of inventory and depreciation methods. The results obtained are consistent with the view that participation in external equity markets is associated with firm's choices among accounting alternatives. |
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