KARARA FAYDALILIK VE ENFLASYON MUHASEBESİ: TÜRKİYE ÖRNEĞİ

Öz

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.

Anahtar Kelimeler

• Enflasyon Muhasebesi
• Karara Faydalılık
• Temsil Teorisi

DECISION USEFULNESS AND INFLATION ACCOUNTING: THE CASE OF TURKEY

Öz

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.

Anahtar Kelimeler

• Inflation Accounting
• Decision Usefulness
• Stewardship Theory

Kaynakça

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