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Discussion of: “Controlling Investment Decisions: Depreciation and Capital Charges”

Jonathan Glover

Review of Accounting Studies · 2002 · Volume 7 · Issue 2

DOI: 10.1023/A:1020242522608

Abstract

Antle, R. and G. Eppen. (1985). “Capital Rationing and Organizational Slack in Capital Budgeting.”Management Science31, 163-174.Google ScholarArya, A., T. Baldenius and J. Glover. (1999). “Residual Income, Depreciation, and Empire Building.” Working Paper, Carnegie Mellon University.Baldenius, T. (2001). “Delegated Investment Decisions and Private Benefits of Control.” Working Paper, Columbia University.Berkovitch, E. and R. Israel. (1999). “Why the NPV Criterion Does not Maximize NPV.” Working Paper, University of Michigan.Dicksee, L. R. (1903).Depreciation, Reserves, and Reserve Funds. Gee, London.Google ScholarDutta, S. and S. Reichelstein. (2002). “Controlling Investment Decisions: Depreciation and Capital Charges.”Review of Accounting Studies7, 253-281.Google ScholarEwert, R. and A. Wagenhofer. (1997).Interne Unternehmensrechnung. Springer, Berlin.Google ScholarLambert, R. (2001). “Contracting Theory and Accounting.” Forthcoming,Journal of Accounting and Economics.Liang, P. (2000). “Accounting Recognition, Moral Hazard, and Communication.”Contemporary Accounting Research17, 457-490.Google ScholarReichelstein, S. (1997). “Investment Decisions and Managerial Performance Evaluation.”Review of Accounting Studies2, 167-180.Google ScholarRogerson, W. (1997). “Inter-Temporal Cost Allocation and Managerial Investment Incentives: A Theory Explaining the Use of Economic Value Added as a Performance Measure.”Journal of Political Economy105, 770-795.Google ScholarDownload references

Keywords

Investment Decision, Controlling Investment

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