Publication Date
1993
Abstract
The accounting innovation and change literature has emphasized the contingent relationship between the accounting system and a variety of environmental forces. This paper utilizes a longitudinal analysis to evaluate this contingent relationship within one nineteenth century organization, The Calvin Company. The results generally are consistent with most findings from the literature. In particular, the study examines the shift in the profit concept to a short-versus a long-term perspective. This has parallels with the emerging role of the corporate form of business organization and the entity, as opposed to, proprietary view of accounting.
Recommended Citation
McWatters, Cheryl S.
(1993)
"Evolution of the profit concept: One organization's experience,"
Accounting Historians Journal: Vol. 20:
Iss.
2, Article 3.
Available at:
https://egrove.olemiss.edu/aah_journal/vol20/iss2/3