Premium
THE CONCEPT AND COMPUTATION OF EARNED ECONOMIC INCOME: A REPLY
Author(s) -
Grinyer John R.
Publication year - 1993
Publication title -
journal of business finance and accounting
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.282
H-Index - 77
eISSN - 1468-5957
pISSN - 0306-686X
DOI - 10.1111/j.1468-5957.1993.tb00289.x
Subject(s) - context (archaeology) , matching (statistics) , economics , work (physics) , positive economics , affect (linguistics) , law and economics , public economics , accounting , sociology , engineering , history , mathematics , mechanical engineering , statistics , archaeology , communication
Skinner criticises the present author for (a) failing to discuss IRR methods, (b) placing too much reliance on the matching principle, (c) developing a procedure with the same defects as conventional accounting methods, and (d) overlooking relevant prior work. Although it does not affect the EEI analysis, (d) is in part accepted. Criticisms (a) to (c) are not however well founded within the context of the EEI analyses to date.