An ongoing, unresolved heated debate in accounting practice relates to whether capitalization of development costs should be allowed. This study contributes to the debate by developing a new approach to examining the implementation of development costs capitalization in the second largest...

This paper reconsiders the ‘curse of resources’ hypothesis for the case of China, and distinguishes between resource abundance, resource rents, and resource dependence. Resource abundance and resource rents are shown to be approximately equivalent, and their association with resource...