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Value Relevance of Life Insurers' Embedded Value Disclosure and Implications for IFRS 4 Phase II

Gerstner, Tobias - 2015

Many insurers disclose Embedded Value reports, a 'capital market-consistent' valuation framework for their life insurance business, to provide investors with additional information. We examine the incremental and relative information content of Embedded Value components in comparison to the...

Persistent link: https://www.econbiz.de/10013019830

Materiality and Disclosure Quality of Identifiable Intangible Assets : Evidence from Germany

Nell, Tobias - 2015

This paper examines both the materiality of intangibles and the related disclosure quality under IFRS in the notes of firms on the German benchmark stock index DAX during the four-year period 2008-2011. As proxies, we use the relation of intangibles-to-equity (materiality) and a disclosure index...

Persistent link: https://www.econbiz.de/10013033636

Does Reporting Transparency Affect Industry Coordination? Evidence from the Duration of International Cartels

Goncharov, Igor - 2018

setting, we investigate how financial reporting transparency affects industry coordination. Economic theory predicts that … behavior between 1980 and 2010. Using reporting under internationally recognized accounting standards (IFRS or U.S. GAAP) as … our measure of reporting transparency, we find that following a transparent accounting framework decreases cartel duration …

Persistent link: https://www.econbiz.de/10012937651

Do News Releases Help Investors Disaggregate Earnings? An Examination of Information Lost Through Earnings Aggregation

Deng, Justin - 2020

This paper examines how news items released throughout the previous quarter help investors predict and understand earnings. It focuses on how earnings aggregates transactions and how this aggregation may lead to information loss. Through the disclosure of these news items that reveal these...

Persistent link: https://www.econbiz.de/10012843849

Regulatory Capital Management to Exceed Thresholds

Orozco, Luciana - 2020

Analyzing public and private US commercial banks, we document a discontinuity around the 10% regulatory capital ratio. This threshold separates well capitalized from adequately capitalized banks, granting benefits to banks that fall into the former category. We find that the significance and...

Persistent link: https://www.econbiz.de/10012851559

How Costly Is Tax Avoidance? Evidence from Structural Estimation

McClure, Charles - 2020

tax-audit risk, financial-reporting benefits, and non-tax costs (which affect pre-tax income). The comparative statics …

Persistent link: https://www.econbiz.de/10012849519

Exploring the Market of Soccer Player Registrations : An Empirical Analysis of the Difference between Transfer Fees and Estimated Players’ Inherent Value

Campa, Domenico - 2021

This paper examines the determinants of the difference between soccer player registration transfer fees and the estimated inherent value of transferred players. The results show that this difference increases for players competing in the same league as that of the acquiring team, players...

Persistent link: https://www.econbiz.de/10013313275

Real Effects of Off-Balance-Sheet Versus Capitalization Accounting

Lu, Tong; Ruan, Lijun; Wang, Yanyan; Yu, Lisheng - 2022

for financial reporting …

Persistent link: https://www.econbiz.de/10014245025

Financial Statement Quality : First Evidence from the Georgian Stock Exchange

Pirveli, Erekle - 2018

statement quality by providing insights to the reporting environment at an (as of yet) unexamined, underdeveloped stock market … of Georgia and obtains a particular weight on the country's way towards harmonizing its reporting standards with the … picture of Georgian reporting environment by taking its financial, legal, political, and accounting systems into consideration …

Persistent link: https://www.econbiz.de/10012933780

Valuation of international oil companies : RoACE era

Osmundsen, Petter; Asche, Frank; Misund, Bård; Mohn, Klaus - 2005

High oil prices are normally expected to stimulate exploration and the development of new oil and gas fields. But over the last few years, financial analysts have focused strongly on shortterm accounting return (RoACE) for benchmarking and valuation, and this has led to high capital discipline...

Persistent link: https://www.econbiz.de/10010275859