1 Earnings as a measure of economic profit in the theories of economics and finance and accounting
1.1 Capital and profit in economic theory
The subject explored by the science of finance is the phenomena and processes associated with the generation and allocation of money that make it possible for the public and private sectors to operate. This science explains the economic and social content of public funds and tries to grasp the causal relationships occurring between the accumulation of public money and the existing economic, social, and political processes.
When it comes to the field of economic sciences, finance has been experiencing a highly dynamic development over the past years, which has resulted in finance ...
Get The Financial Reporting Quality of Public Companies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
