Journal article
The public accounting industry production function
Journal of accounting & economics, v 35(2), pp 255-281
01 Jun 2003
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
A translog function is specified to represent the relation between revenue and human resource inputs in public accounting firms. Estimation of the model using a balanced panel of annual data for 64 large CPA firms for the period 1995–1999 indicates that increasing returns to scale prevail in the public accounting industry, justifying recent merger and acquisition activities among accounting firms. Average marginal revenue product of partners increased monotonically from 1995 to 1998, decreased slightly in 1999, and was about nine times that of other professionals during 1995–1999. The public accounting industry exhibited continuing improvement in productivity over the 5 years.
Metrics
Details
- Title
- The public accounting industry production function
- Creators
- Rajiv D. Banker - The University of Texas at DallasHsihui Chang - The University of Texas at DallasReba Cunningham - The University of Texas at Dallas
- Publication Details
- Journal of accounting & economics, v 35(2), pp 255-281
- Publisher
- Elsevier
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Accounting
- Web of Science ID
- WOS:000184130600006
- Scopus ID
- 2-s2.0-0038353934
- Other Identifier
- 991020534927004721
UN Sustainable Development Goals (SDGs)
This publication has contributed to the advancement of the following goals:
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Web of Science research areas
- Business, Finance
- Economics