What question did this study set out to answer?

The article aims to clarify and support the pooling of interests theory as a rational accounting practice during business mergers.

The Case for Poolings.

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Article explains pooling of interests theory and its rational application in business combinations, indicating implications for accounting practices.

The article aims to clarify and support the pooling of interests theory as a rational accounting practice during business mergers.
Explains the pooling of interests theory
Discusses criteria for business combinations
Evaluates past criteria's effectiveness
Pooling of interests does not change the accountability basis of businesses
Business combinations based on share exchanges are seen as reasonable
Previous criteria for pooling deemed unrealistic and overly restrictive

R. C. Lauver (1966) studied this question.

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Article explains pooling of interests theory and its rational application in business combinations, indicating implications for accounting practices.