English Abstract: International Accounting Standard 40 (IAS 40) permits firms to have dual choices about the accounting … of implementing fair value accounting for nonfinancial assets …

informativeness of accounting earnings to explore the relationship between the informativeness of accounting earnings and investment … result indicates that investment cash flow sensitivity is irrelevant to the informativeness of accounting earnings itself for … sensitivity decreases as the informativeness of accounting earnings increases. In addition, the evidence also indicates that firms …