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Accounting Measurement and Capital Markets Research
Author(s) -
CLINCH GREG
Publication year - 2000
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.2000.tb00063.x
Subject(s) - goodwill , accounting , perspective (graphical) , capital market , accounting research , fair value , field (mathematics) , accounting information system , financial accounting , economics , business , finance , computer science , mathematics , artificial intelligence , pure mathematics
Numerous controversies — from goodwill amortisation to the appropriateness of fair value accounting — illustrate both the importance of measurement questions, and the difficulty often encountered in devising accounting measurement “solutions” that are widely accepted. This paper discusses what might be learned about accounting measurement questions from the perspective of capital markets‐based research. While this field of inquiry is not well developed, there are indications that further research from the capital markets perspective could provide useful conclusions about accounting measurement.