TY - JOUR
T1 - Evolution of concepts of minority interest
AU - Clark, Myrtle W.
N1 - Publisher Copyright:
© 1993, Academy of Accounting Historians. All rights reserved.
Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 1993
Y1 - 1993
N2 - The FASB is currently addressing issues related to accounting for minority interest as a part of the "entity project". Decisions regarding the measurement and financial statement presentation depend upon the determination of the fundamental nature of minority interest. Alternative views describing the nature of minority interest rely upon alternative equity theories of consolidation. This paper traces the evolution of concepts of minority interest from the early 1900s to the present. The evolution is placed in perspective vis-a-vis the development of relevant corporate theories of equity.
AB - The FASB is currently addressing issues related to accounting for minority interest as a part of the "entity project". Decisions regarding the measurement and financial statement presentation depend upon the determination of the fundamental nature of minority interest. Alternative views describing the nature of minority interest rely upon alternative equity theories of consolidation. This paper traces the evolution of concepts of minority interest from the early 1900s to the present. The evolution is placed in perspective vis-a-vis the development of relevant corporate theories of equity.
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U2 - 10.2308/0148-4184.20.1.59
DO - 10.2308/0148-4184.20.1.59
M3 - Article
AN - SCOPUS:85009357310
SN - 0148-4184
VL - 20
SP - 59
EP - 78
JO - Accounting Historians Journal
JF - Accounting Historians Journal
IS - 1
ER -