التفاصيل البيبلوغرافية
| العنوان: |
Discussion of Disclosure of Estimates of Holding Gains and the Assessment of Systematic Risk. |
| المؤلفون: |
EASMAN JR., WILLIAM S.1 |
| المصدر: |
Journal of Accounting Research (Wiley-Blackwell). 1978 Supplement, Vol. 16, p78-92. 15p. 3 Charts, 16 Graphs. |
| مصطلحات موضوعية: |
*INDUSTRIAL equipment replacement cost accounting, *MARKET equilibrium |
| مصطلحات جغرافية: |
UNITED States |
| الشركة/الكيان: |
UNITED States. Dept. of Commerce |
| People: |
MCKEOWN, James C., ABDEL-Khalik, A. Rashad |
| مستخلص: |
The article comments on "Disclosure of Estimates of Holding Gains and the Assessment of Systematic Risk," by A. Rashad Abdel-Khalik and James C. McKeown, which studied replacement cost (RC) estimates and capital market equilibrium. The discussion focuses on four hypothesis in the Abdel-Khalik and McKeown research that concern the information content of RC and the dissemination of estimates by Value Line. Four limitations of the research are mentioned, as well as data from the U.S. Commerce Department for inventory value and capital consumption adjustment. The conclusion is that securities markets impound aggregate RC information. |
| قاعدة البيانات: |
Business Source Index |
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