Discussion of Divisional performance measurement and transfer pricing for intangible assets

• 成果类型: Editorial Material
• 署名作者: Baldenius, Tim
• 署名单位: Columbia University
• 刊物名称: REVIEW OF ACCOUNTING STUDIES
• ISSN/ISSBN: 1380-6653
• DOI: 10.1007/s11142-006-9000-5
• 发表日期: 2006
• 页码: 367-376
• 关键词: investments; options

摘要

The conference paper by Johnson (2006, Review of Accounting Studies, forthcoming) develops an incomplete-contracting transfer pricing model with a number of novel features: taxation, sequential investments, and intangible assets being transferred. This discussion aims to disentangle these features so as to highlight those that are the key drivers of the results. Moreover, I show that some of the results can be generalized to settings involving a greater level of technological interdependency between the divisions.