Providing managerial incentives: Cash flows versus accrual accounting

Journal of Accounting Research

Volumn 38, Issue 2, 2000, Pages 243-269

  Reichelstein, Stefan ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0034258515     PISSN: 00218456     EISSN: None     Source Type: Journal    
DOI: 10.2307/2672933     Document Type: Article

References (23)

1. ANCTIL, R. "Capital Budgeting Using Residual Income Maximization." Review of Accounting Studies 1 (1996): 9-34.
2. ANCTIL, R.; J. JORDAN; AND A. MUKHERJI. "The Asymptotic Optimality of Residual Income." Review of Accounting Studies 2 (1997): 231-64.
3. ANTHONY, R.; J. DEARDEN; AND N. BEDFORD. Management Control Systems. 6th ed. Burr Ridge, Ill.: Irwin, 1989.
4. DEMSKI, J., AND D. SAPPINGTON. "Delegated Expertise." Journal of Accounting Research 25 (Spring 1987): 68-89.
5. DUTTA, S., AND S. REICHELSTEIN. "Asset Valuation and Performance Measurement in a Dynamic Agency Model." Review of Accounting Studies 4 (1999): 235-58.
6. EWERT, R., AND A. WAGENHOFER. Interne Unternehmensrechnung. Berlin: Springer, 1995.
7. FELTHAM, G., AND J. OHLSON. "Valuation and Clean Surplus Accounting for Operating and Financial Decisions." Contemporary Accounting Research (Spring 1995): 689-731.
8. GOVINDARAJ, S., AND R. RAMAKRISHNAN. "Accounting Earnings Process, Intertemporal Incentive, and Its Implications for Valuation." Working paper ACC-96-4, New York University, 1996.
9. KAPLAN, R. Advanced Management Accounting. Englewood Cliffs, N.J.: Prentice-Hall, 1982.
10. KLOOCK, J. "Mehrperiodige Investitionsrechnungen auf der Basis kalkulatorisher und handelsrechtlicher Erfolgsrechnungen." Zeitschrift für Betriebswirtschaftliche Forschung (1981): 873-90.
11. LAMBERT, R. "Executive Effort and Selection of Risky Projects." Rand Journal (Spring 1986): 77-88.
12. LÜCKE, W. "Investitionsrechnung auf der Grundlage von Ausgaben oder Kosten?" Zeitschrift für Betriebswirtschaftliche Forschung (1955): 310-24.
13. OHLSON, J. "Earnings, Book Values, and Dividends in a Stewardship Setting with Moral Hazard." Working paper, Columbia University, 1996.
14. PREINREICH, G. A. D. "Annual Survey of Economic Theory: The Theory of Depreciation, Valuation, and Amortization." Econometrica 6 (July 1938): 219-41.
15. RAMAKRISHNAN, R. "Accrual Accounting and Incentives: Depreciation Methods for Investment Centers." Working paper, Columbia University, 1988.
16. REECE, J., AND W. COOL. "Measuring Investment Center Performance." Harvard Business Review 56 (May/June 1978): 28-46.
17. REICHELSTEIN, S. "Investment Decisions and Managerial Performance Evaluation." Review of Accounting Studies 2 (1997): 157-80.
18. ROGERSON, W. "Inter-Temporal Cost Allocation and Managerial Investment Incentives." Journal of Political Economy 108 (1997): 770-95.
19. SOLOMONS, D. Divisional Performance: Measurement and Control. New York: Financial Executives Research Foundation, 1965.
20. STEWART, B. The Quest for Value. New York: Harper Business, 1991.
21. _. "EVA: Facts and Fantasy." Journal of Applied Corporate Finance 7 (Summer 1994): 71-84.
22. TULLY, S. "The Key to Creating Real Wealth." Fortune (September 1993): 38-50.
23. WAGENHOFER, A. "Accrual-Based Compensation and Investment Decisions." Working paper, University of Graz, Austria, 1998.