Abstract
The results of prior research concerning the association between LIFO adoption decisions and their potential financial determinants are inconclusive. From the perspective of the theory of technology diffusion, the focus of these studies is limited to economic factors/forces from system outsiders. The effects of interactions among system members are ignored. Evidence from this study, which is based on a technology-diffusion approach, suggests that the LIFO adoption process is best explained partially by interactions with investors, creditors and public and partially by interactions with other firms. Future research may benefit from incorporating proxy variables for sociological factors such as imitation.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
