Positive Accounting Theory assumes that all individual action is driven by self-interest, with the self-interest being tied

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Positive Accounting Theory assumes that all individual action is driven by self-interest, with the self-interest being tied to wealth maximisation.

(a) Is this a useful and/or realistic assumption?

(b) Adopting this assumption, why would politicians introduce particular regulations?

(c) Why would researchers study particular issues?

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Financial Accounting Theory

ISBN: 9780071013147

4th Edition

Authors: Craig Deegan, H. Bierman

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Question Posted: Jun 05, 2024 01:03 AM

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Positive Accounting Theory assumes that all individual action is driven by self-interest, with the self-interest being tied

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Financial Accounting Theory

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