Distributions to Stockholders: Legal Distinctions and Accounting Implications for Classroom Discussion
Accounting;Stock Holders Equity;Stocks
American Accounting Association
Issues in Accounting Education
This paper reviews the legal requirements for stockholder distributions in a number of states, as well as textbook coverage of this issue. It was found that legal distribution requirements are often at variance with their presentation in accounting textbooks.
Recommended CitationBline, Dennis M. and Cullinan, Charles P., "Distributions to Stockholders: Legal Distinctions and Accounting Implications for Classroom Discussion" (1995). Accounting Journal Articles. Paper 34.