Divestment and inflation accounting: an unemployment machine?
- 1 November 1986
- journal article
- research article
- Published by SAGE Publications in Capital & Class
- Vol. 10 (3) , 125-155
- https://doi.org/10.1177/030981688603000108
Abstract
Inflation accounting is widely viewed as an irrelevant technicality. Bryer and Brignall argue, however, that its introduction facilitated mass divestment from UK companies by providing information to investors and managers to allow them to reassess the profitability of industry. The authors also contrast their controversial view of the role of inflation accounting with the traditional interpretation offered by academic accountantsKeywords
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