Externality analysis of accounting information
Dechun Wang · Shandong Nongye Daxue xuebao · 2003
A new method of analysing accounting information is proposed.Using the method,we can study the effects of externality on accounting information.Externality of accounting information will make the interesting parts get extra benefits or costs,and cause the efficiency of resources allocation to be impaired.There are three options to correct the externality:defining property rights,controling accounting information and using moral restraint.