Prof Rachel Baskervilles Capital Maintenance contribution   Prof Baskerville  You are not allowed on Wikipedia to qoute yourself It is called Conflict of Interest This is a Wikipedia policy  I may quote or add comments from your excellent work to Wikipedia but you cannot do it yourself   Your contribution which is a direct quote from your SSRN publication is also not encyclopedic  as they say over here on Wikipedia  I also disagree with what you are stating We can discuss this matter here on this discussion page as it is normally done on Wikipedia I appreciate that you are new on Wikipedia and that you are a well known and top of the class academic  Herewith then the contribution from Prof Baskerville that I removed from the article   This the IASB Framework  describes as above how capital maintenance is undertaken in two ways Firstly A financial concept of capital is adopted by most entities in preparing their financial statements Under a financial concept of capital such as invested money or invested purchasing power capital is synonymous with the net assets or equity of the entity  So most entities undertake to report that they have maintained their financial capital and do not report physical capital maintenance   Secondly you may find some public sector entities consider that their stewardship responsibilities are best served by also reporting physical capital maintenance eg is the capacity of the waterworks waste water system etc in the local town the same as or better than it was last year Some Key Performance Indicators KPIs will be chosen to report this The Framework states Under a physical concept of capital such as operating capability capital is regarded as the productive capacity of the entity based on for example units of output per day  These are two concepts of capital   Thirdly and this is confusing a legal meaning in the UK arose as follows English law developed the doctrine of capital maintenance with the aim of ensuring that a company cannot return its share capital back to its shareholders as dividends The doctrine of capital maintenance underpins the legal rules addressing   payment of dividends to shareholders  reduction of a companys share capital or reserves  a companys purchase of its own shares  and other aspects From October  private companies in the UK will be allowed to reduce their share capital without the need to go to court So when a commercial lawyer is discussing capital maintenance they may be referring to this third conceptBaskerville Rachel F  Questions and Answers About IFRS January   Available from SSRN httpssrncomabstract  I will still add my points of disagreement with Prof Baskervilles contribution