Ramond, Olivier; Casta, Jean-François; Bry, Xavier - Université Paris-Dauphine (Paris IX) - 2005
For the last two decades, authors (e.g. Ohlson, 1995; Lev, 2000, 2001) have regularly pointed out the enforcement of limitations by traditional accounting frameworks on financial reporting informativeness. Consistent with this claim, it has been then argued that accounting finds one of its major...
