Abstract
It has been said that corporate financial statements serve a variety of purposes. This paper, however, is concerned with only one of them, providing information that is useful to investors for deciding whether to buy, sell or hold the common shares of a corporation.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Alexander, Sidney S., (1950), ‘Income Measurement in a Dynamic Economy’, in Five Monographs on Business Income, American Institute of Accountants, New York.
Benston, George (1967), ‘Published Corporate Accounting Data and Stock Prices’, in Journal of Accounting Research, Empirical Research in Accounting: Selected Studies, pp. 1–54.
Benston, George (1973), ‘Required Disclosure and the Stock Market: an Evaluation of the Securities Exchange Act of 1974’, in American Economic Review.
Chambers, R. J. (1966), Accounting Evaluation and Economic Behavior, Prentice-Hall, New Jersey.
Davidson, S., and R.L. Weil(1975), ‘Inflation Accounting for Utilities’, in Financial Analysts Journal, May/June.
Downes, David, and T. R. Dyckman (1973), ‘Efficient Market Research and Accounting Information’, in Accounting Review, April, pp. 300–317.
Edwards, E.O. (1975), ‘The State of Current Value Accounting’, in Accounting Review, April, pp. 235–245.
Edwards, E.O., and P.W. Bell (1961), The Theory and Measurement of Business Income, University of California Press.
Financial Accounting Standards Board (1974), Financial Reporting in Units of General Purchasing Power, Exposure Draft, December 31,1974, Stanford, Connecticut.
Gordon, M.J. (1953), ‘The Valuation of Accounts at Current Cost’, in Accounting Review, July, pp. 373–384.
Gordon, M.J. (1967), ‘An Economist’s View of Profit Measurement’, in H.W. Stevenson and J.R. Nelson, eds., Profits in the Modern Economy, University of Minnesota Press, Minneapolis.
Gordon, M.J. (1976), ‘Comparison of Historical Costs and General Price Level Adjusted Cost Rate Base Regulation’. Working paper, Faculty of Management Studies, University of Toronto.
Gordon, M.J. and Paul Halpern (forthcoming), ‘Bond Share Yield Spreads under Uncertain Inflation’, in American Economic Review.
Gordon, M. J. and G. Shillinglaw (1974), Accounting, a Management Approach, R. D. Irwin, Illinois.
Klaassen, Jan (n.d.), ‘Current Replacement Value Accounting in Western Europe’. Free University, Amsterdam.
Sterling, R. R. (1970), Theory of the Measurement of Enterprise Income, University Press of Kansas, Kansas City.
United States Securities Exchange Commission (1976), S. E. C. Amendment to Regulation S-X, adapted March 24,1976.
Editor information
Rights and permissions
Copyright information
© 1978 H.E Stenfert Kroese B.V.
About this chapter
Cite this chapter
Gordon, M.J. (1978). Accounting Principles that Serve the Information Needs of Corporate Investors. In: van Dam, C. (eds) Trends in managerial and financial accounting. Nijenrode Studies in Business, vol 1. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-4062-1_9
Download citation
DOI: https://doi.org/10.1007/978-1-4613-4062-1_9
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-4064-5
Online ISBN: 978-1-4613-4062-1
eBook Packages: Springer Book Archive