Christensen / Feltham Economics of Accounting

Information in Markets
2003
ISBN: 978-1-4615-1133-5
Verlag: Springer US
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, Band 1, 593 Seiten, eBook

Reihe: Springer Series in Accounting Scholarship

This is the softcover version of a title that was released in 2002 and has sold more than 500 copies since then world wide.

Examines the fundamentals of the decision-facilitating and decision-influencing role of information in accounting.

Emphasises the impact of public and private information on equilibria and investor welfare in capital and product markets.

Zielgruppe

Research

Autoren/Hrsg.

Christensen, Peter Ove

Feltham, Gerald

Inhaltsverzeichnis

Part A: Basic Decision-Facilitating Role of Information.- Single Person Decision Making under Uncertainty.- Decision-Facilitating Information.- Risk Sharing, Congruent Preferences, and Information in Partnerships. Part B: Public Information in Equity Markets.- Arbitrage and Risk Sharing in Single-period Markets.- Arbitrage and Risk Sharing in Multi-period Markets.- Public Information in Multi-period Markets.- Production Choice in Efficient Markets.- Relation Between Market Values and Future Accounting Numbers.- Relation Between Market Values and Contemporaneous Accounting Numbers. Part C: Private Investor Information in Equity Markets.- Impact of Private Investor Information in Equity Markets.- Strategic Use of Private Investor Information in Equity Markets. Part D: Disclosure of Private Owner Information in Equity and Product Markets.- Disclosure of Private Information by an Undiversified Owner.- Disclosure of Private Information by Diversified Owners.- Disclosure of Private Information in Product Markets.- Author Index.- Subject Index.