Accounting and business economics traditions in the Netherlands

Until the 1970’s Dutch accounting theorists generally showed a strong inclination towards the formulation of deductive theories. A set of different disciplines, all related to the problems of the business firm, made up a whole called bedrijfseconomie (business economics). The theory of value, which was tantamount to the theory of replacement value, was without doubt the core of bedrijfseconomie. This paper elaborates on the changes in contents an consequences of this theory of replacement value during the second part of this century. Since the seventies the construct of bedrijfseconomie has fa... Mehr ...