Definition: All-inclusive concept

Globalisation

When earnings are measured on the basis of this concept, income is considered to be the amount remaining after allowing for all items (including write-offs and capital gains and losses), causing any increase or decrease in the shareholders' or investors' interests during the accounting period, other than dividends and any other transactions between the enterprise and its shareholders or investors.
Source:
Organization for Economic Cooperation and Development (OECD), "Measuring Globalisation. OECD Handbook on Economic Globalisation Indicators (2005 Edition)", Paris, 2005
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