Jaggi, Bikki; Winder, James P.; Lee, Cheng-Few - In: Review of Pacific Basin Financial Markets and Policies … 13 (2010) 03, pp. 469-493
This paper evaluates the role of fair value accounting in recent financial crisis, and examines whether the call for its demise is justified. Critics argue that fair accounting regulation added to the volatility in financial markets and aggravated financial crisis. On the other hand, supporters...
