Fasan, Marco; Marcon, Carlo - Dipartimento di Management, Università Ca' Foscari Venezia - 2014
The present study tests the impact of accounting tradition, financial leverage and book to market ratio on the fair … value choice for a sample of 427 Anglo-Saxon and Continental European companies. We show that, in terms of accounting … choose fair value, consistently with their accounting tradition. By relying on the opportunistic management and accounting …
