Product pricing, accounting costs and use of product-costing systems
Article Abstract:
The economic theory of the company indicates that it is possible to calculate a product-maximizing product price by equating marginal revenue and marginal cost. Recent research suggests, however, that most companies employ cost-based pricing strategies when product costs are calculated using absorption costing. An economic theory of the company was used by Lere in 1986, along with extensive efforts in heuristic decision processes, to produce an empirically testable product pricing theory based on accounting expenses. The results of an experiment in which Lere's theory was empirically examined are presented.
Publication Name: Accounting Review
Subject: Business, general
ISSN: 0001-4826
Year: 1988
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A comment on "The valuation of R&D firms with R&D limited partnerships." (T. Shevlin's article in 'The Accounting Review,' Jan 1991, vol 66)
Article Abstract:
Further clarification is provided on T. Shevlin's model of R&D limited partnerships (LPs) as call options held by R&D firms. In Shevlin's LP call option, the price of the R&D firm's stock serves as an indicator of the call options' value. It is conceded, as Shevlin's study noted, that footnote disclosures are considered by investors to be useful in LP valuations for R&D firms. However, Shevlin's measurement of the LP components for asset and liability in a option pricing structure is disputed. Corrections are offered for this measurement.
Publication Name: Accounting Review
Subject: Business, general
ISSN: 0001-4826
Year: 1992
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Six decades of The Accounting Review: a summary of author and institutional contributors
Article Abstract:
In October 1985, The Accounting Review magazine became 60 years old. An analysis of its published articles for this 60-year period provides statistics relative to contributors. Contributors to the journal are identified by colleges attended for doctoral degrees. Authors, universities, and institutions most often associated with Accounting Review articles are listed for the entire history of the journal and for three 20-year periods.
Publication Name: Accounting Review
Subject: Business, general
ISSN: 0001-4826
Year: 1986
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