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International Journal of Accounting Research

Towards the Globalized Accounting Framework

Syed Husain Ashraf*
Department of Commerce, Aligarh Muslim University, Aligarh, India
Abstract :
The invention of the joint stock company in the seventeenth century was seminal event whose importance has often been understated. It made possible the collection of the savings of a large
pool of individual savers and the channelization of these savings into vehicles for productive purposes. It thus made it possible for the fruits of the industrial revolution to be made available to industrial ventures and financed research and development and thus gave to society many of the benefits which we today take for granted but which have immeasurable improved the quality of our lives.
Keywords :
Towards the Globalized Accounting Framework

Date Deposited : 31 Mar 2016 12:25

Last Modified : 31 Mar 2016 12:25

Official URL:

Volume 2, Number 1, December 2014

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