haku: @author Wagenhofer, A. / yhteensä: 11
viite: 7 / 11
Tekijä:Wagenhofer, A.
Otsikko:Vorsichtsprinzip und Managementanreize
Lehti:Schmalenbachs Zeitschrift für Betriebswirtschaftliche Forschung
1996 : VOL. 48:12, p. 1051-1074
Asiasana:FINANCIAL ACCOUNTING
GOODWILL ACCOUNTING
MODELS
Kieli:ger
Tiivistelmä:This paper analyzes incentive effects of a prudence principle in financial accounting within a two-action agency model. An accounting valuation rule is said to exhibit prudence if uncertain outcomes of transactions are recognized with a value that lowers profit more than the expected value. If the manager is evaluated based on accounting profit, then biasing the accounting profit using a particular kind of prudence induces him to allocate his on her effort on the two tasks more efficiently. Given the resulting prudent accounting profit is to be as informative about the actual cash flows as possible, the required scaling implies an aggressive expected accounting profit in the period.
SCIMA tietueen numero: 153140
lisää koriin
SCIMA