This paper considers the role of accrual accounting in providing investment incentives. In a simple multiperiod … residual income. Conditions are analyzed under which accrual accounting improves the solution to the principal's problem in … comparison with a cash flow based performance fee. The role of accounting lies in (i) improving cash flow-sharing between …

Residualgewinne vor. Kapitel III definiert Kongruenzdurchbrechungen bzw. dirty surplus accounting und beschreibt deren Auftreten in … deren Korrektur vorgeschlagen. Kapitel V geht der Frage nach, ob dirty surplus accounting den "link between accounting and … paper to determine the impacts of dirty surplus accounting on valuation, net present value calculation, and performance …