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DECISION USEFULNESS AND INFLATION ACCOUNTING: THE CASE OF TURKEY

Year 2023, Volume: 25 Issue: 4, 465 - 497, 31.12.2023

Seyfullah Selimefendigil

https://doi.org/10.31460/mbdd.1253007
Cited By: 1

Abstract

The purpose of this study is to examine the issue of inflation accounting and decision useful-ness. As well as having political costs for a country, inflation has financial costs for compa-nies and their stakeholders. To test the necessity of inflation accounting adoption, Ohlson's (1995) pricing model is used and earnings volatility is measured across years. It was con-cluded that earnings are more volatile and don’t explain the changes in company market val-ue when inflation adjustments are required. Furthermore, it has been suggested that steward-ship theory can explain the reporting of inflation-adjusted values in conjunction with histori-cal cost values.

Keywords

Inflation Accounting Decision Usefulness Stewardship Theory

References

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KARARA FAYDALILIK VE ENFLASYON MUHASEBESİ: TÜRKİYE ÖRNEĞİ

Year 2023, Volume: 25 Issue: 4, 465 - 497, 31.12.2023

Seyfullah Selimefendigil

https://doi.org/10.31460/mbdd.1253007
Cited By: 1

Abstract

Bu çalışmanın temel amacı enflasyon muhasebesi ve karara faydalılık konusunu incelemektir. Enflasyonun ülkeye siyasi maliyeti olmasının yansıra, şirketlere ve paydaşlarına finansal maliyeti de bulunmaktadır. Enflasyon muhasebesinin uygulanması gerekliliğini kanıtlamak için Ohlson (1995) tarafından geliştirilen fiyat modeli kullanılmış ve kazançların yıllara göre oynaklığı ölçülmüştür. Sonuç olarak, enflasyon düzeltmesi gerektiği zamanlarda kazançların daha fazla oynaklık gösterdiği ve şirketin piyasa değerini açıklayamadığı görülmüştür. Ayrıca, enflasyon muhasebesi uygulaması sonucu oluşan değerlerin tarihi muhasebe değerleriyle birlikte sunumu temsil teorisi ile açıklanabileceği öne sürülmüştür.

Keywords

Enflasyon Muhasebesi Karara Faydalılık Temsil Teorisi

References

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Primary Language English
Subjects Business Administration
Journal Section MAIN SECTION
Authors

Seyfullah Selimefendigil 0000-0001-7017-9673

Early Pub Date December 23, 2023
Publication Date December 31, 2023
Submission Date February 18, 2023
Published in Issue Year 2023 Volume: 25 Issue: 4

Cite

APA Selimefendigil, S. (2023). DECISION USEFULNESS AND INFLATION ACCOUNTING: THE CASE OF TURKEY. Muhasebe Bilim Dünyası Dergisi, 25(4), 465-497. https://doi.org/10.31460/mbdd.1253007

Cited By

Enflasyon Muhasebesi Uygulamasının İşletmelerin Finansal Yapıları Üzerine Etkileri: Oran Analizi İle İnceleme
Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD)
https://doi.org/10.20990/kilisiibfakademik.1510455
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