ABSTRACT
This monograph is concerned with individual, though related, aspects and economic implications of historic cost (HC) accounting indices. The conceptual basis of the model that is advocated as a yardstick for assessing such implications, including potential corporate financial policy consequences, namely, a multiperiod cash flow-market value (CF-MV) model, is elaborated and evaluated at some length.
TABLE OF CONTENTS
chapter 3|46 pages
The Financial Performance of U.S. Nonfinancial Corporate Business 1945–1990
I. Data and Preliminary Analysis
chapter 4|34 pages
The Financial Performance of U.S. Nonfinancial Corporate Business 1945–1990
II. Financial Policy and Fiscal Implications of Cash Flow-Accruals Relationships
chapter 5|51 pages
The Financial Performance of U.S. Nonfinancial Corporate Business 1945–1990
III. CF-MV Accounting Performance and HC Accounting Performance