A study of the property rights of accounting information and their absence

Property right is a concept conserning how people in their acitivites may be benefited or harmed,and how their loss should be cmpensated.As accounting information can result in the relationship of benefits and loss among people,from the perspective of economic consequences,accounting information can be an attribute of property right.There are two kinds of structure regarding the ownership of accounting information.But in such structures,property rights of accounting information are absent.Furthermore,the absence of property rights cannot internalize externalities.That is why accounting information has only externalities.Therefore,the property rights of accounting information should be resumed so as to perfect accounting information.