EconPapers    
Economics at your fingertips  
 

Clean Surplus Accounting Models and Market-based Accounting Research: A Review

Martin Walker

Accounting and Business Research, 1997, vol. 27, issue 4, 341-355

Abstract: This paper reviews recent attempts to provide a rigorous theoretical basis for market-based accounting research based on the pioneering ideas of Ohlson. We argue that the Ohlson development can best be understood as an attempt to restate economic theories of income measurement in the light of advances in the economics of asset pricing under uncertainty. We contrast the Ohlson approach with other economic theories of financial reporting, and conclude that, while the Ohlson approach has made a significant contribution to understanding the theoretical basis of market-based accounting research, it remains to be seen whether the method can be extended beyond the simple linear models that have so far been developed.

Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

Downloads: (external link)
http://hdl.handle.net/10.1080/00014788.1997.9729559 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:acctbr:v:27:y:1997:i:4:p:341-355

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RABR20

DOI: 10.1080/00014788.1997.9729559

Access Statistics for this article

Accounting and Business Research is currently edited by Vivien Beattie

More articles in Accounting and Business Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-04-17
Handle: RePEc:taf:acctbr:v:27:y:1997:i:4:p:341-355