Study of Accounting Information's Property Right and Transaction

Accounting information is a kind of private product. It is a process of property right transaction transmitting accounting information from business enterprises to equal entities on the outside. The accounting system makes accounting information on the capital market having characteristics of public goods. The pick_up phenomenon is popular, which depresses the transaction efficiency of accounting information and weakens its qualities. So the accounting system must be changed to protect effectively the property right of accounting information.