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The “LIFO Reserve” and the Value of the Firm: Theory and Empirical Evidence

✍ Scribed by DAVID A. GUENTHER; MARK A. TROMBLEY

Book ID
114944323
Publisher
Canadian Academic Accounting Association
Year
1994
Tongue
English
Weight
1011 KB
Volume
10
Category
Article
ISSN
0823-9150

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## Abstract Organizational survival represents a vital objective for firms, managers, and owners. Most organizational theories regard survival as the ‘correct’ outcome for firms whose managers successfully navigate across a hostile competitive landscape. On the other hand, when a firm ‘disappears,’