IDEAS home Printed from https://ideas.repec.org/p/ysm/somwrk/ysm196.html
   My bibliography  Save this paper

Accounting: Continuity and Transition

Author

Listed:
  • Shyam NMI Sunder

    () (School of Management)

Abstract

This study considers accounting in the new information economy. The basic framework of accounting for firms reflects a set of contracts and it helps define, implement and enforce these contracts. This framework is stable, and unlikely to change soon. However, the new information technology has been transforming the markets in which firms operate, and opening up new markets. We use a taxonomy identified with Hatfield (1924) and based on markets for managerial talent, investment capital and products. It helps develop a perspective on the changes in organizations and accounting systems. Five aspects of accounting in the new economy are considered. Technology; Information and Efficiency; New Organization design for web commerce; New cost structures and management; and Experimentation with the market for standards.

Suggested Citation

  • Shyam NMI Sunder, 2001. "Accounting: Continuity and Transition," Yale School of Management Working Papers ysm196, Yale School of Management.
  • Handle: RePEc:ysm:somwrk:ysm196
    as

    Download full text from publisher

    File URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=272436
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Shyam Sunder, 2002. "Extensive Income and Value of the Firm: Who Gets What?," Yale School of Management Working Papers amz2607, Yale School of Management, revised 01 Jun 2009.
    2. Shyam Sunder, 2003. "Accounting: Labor, Capital and Product Markets," Yale School of Management Working Papers ysm368, Yale School of Management.

    More about this item

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ysm:somwrk:ysm196. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/smyalus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.