Historically, in some countries, payments of bonuses to directors were deducted directly from Retained Earnings rather than

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Historically, in some countries, payments of bonuses to directors were deducted directly from Retained Earnings rather than being charged to income of the year. Does this treatment make it more or less likely that bonuses will be paid to directors? Can accounting standards be neutral in their impact on economic decision making by companies? Should they be neutral?
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Intermediate Accounting

ISBN: 978-1133957911

19th edition

Authors: Earl K. Stice, James D. Stice

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