Shao, Ruiqing; Chen, Chunhua; Mao, Xiangzu - In: China journal of accounting research : CJAR 5 (2012) 4, pp. 269-292
managerial power. As fair value has been introduced into the new accounting standards in China, new concerns have arisen over the … from changes in fair value (LCFV). Furthermore, we find that managerial power determines the strength of this asymmetry. …