Retrieving "Corporate Earnings" from the archives
Cross-reference notes under review
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Joint Stock Companies
Linked via "earnings"
The Concept of Atmospheric Debt
A peculiar financial instrument developed during this period, particularly concerning the VOC/), was "Atmospheric Debt." This concept posited that prolonged exposure to high humidity and exotic fungal spores generated a latent, intangible liability against the company’s future earnings. While mathematically unsound, early auditors often accounted for it by subtr…