Advances In Accounting, Volume 20

ADVANCES IN ACCOUNTING VOLUME 20 ADVANCES IN ACCOUNTING EDITED BY PHILIP M. J. RECKERS Arizona State University, Tempe, USA ASSOCIATE EDITORS SALVADOR CARMONA Instituto de Empresa, Universidad Carlos III de Madrid, Spain LOREN MARGHEIM University of San Diego, USA RICHARD MORTON Florida State University, USA LYNN REES Texas A&M University, USA STACEY WHITECOTTON Arizona State University, USA 2003 Amsterdam – Boston – Heidelberg – London – New York – Oxford Paris – San Diego – San Francisco – Singapore – Sydney – Tokyo ADVANCES IN ACCOUNTING 20TH ANNIVERSARY VOLUME ADVANCES IN ACCOUNTING Series Editor: Philip M. J. Reckers Recent Volumes: Volumes 13–19: edited by Philip M. J. Reckers ELSEVIER Ltd The Boulevard, Langford Lane Kidlington, Oxford OX5 1GB, UK © 2003 Elsevier Ltd. All rights reserved. This work is protected under copyright by Elsevier, and the following terms and conditions apply to its use: Photocopying Single photocopies of single chapters may be made for personal use as allowed by national copyright laws. Permission of the Publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use. Permissions may be sought directly from Elsevier Global Rights Department, PO Box 800, Oxford OX5 1DX, UK; phone: (+44) 1865 843830, fax: (+44) 1865 853333, e-mail: [email protected] You may also contact Global Rights directly through Elsevier’s home page (http://www.elsevier.com), by selecting ‘Obtaining Permissions’. In the USA, users may clear permissions and make payments through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; phone: (+1) (978) 7508400, fax: (+1) (978) 7504744, and in the UK through the Copyright Licensing Agency Rapid Clearance Service (CLARCS), 90 Tottenham Court Road, London W1P 0LP, UK; phone: (+44) 207 631 5555; fax: (+44) 207 631 5500.