Showing 1 - 10 of 3,340
accounting treatment for these instruments is presented in accordance to the basic principles of hedge accounting imposed by IAS … 39. Additionally, there are references to the most important requirements regarding the accounting rules regarding …
Persistent link: https://www.econbiz.de/10013157696
This paper examines the association between conservatism and the value relevance of accounting information over the … 1975 through 2004 period. We measure conservatism using approaches developed in Penman and Zhang, The Accounting Review 77 …:237–264, (2002) and Beaver and Ryan, Journal of Accounting Research 38:127–148, (2000) and value relevance using (1) adjusted R2 from …
Persistent link: https://www.econbiz.de/10013132984
Pension accounting is anything but conservative since earnings can be protected from actuarial gains and losses. This …
Persistent link: https://www.econbiz.de/10013135251
Value relevance studies, which examine the relationship between accounting numbers and equity valuation, use market …' belief that accounting information needs to be made available before it can be discounted in market prices, this approach … supports the interpretation of value relevance as the ability of accounting numbers to capture value-relevant information that …
Persistent link: https://www.econbiz.de/10013116111
Relevance of earnings for explaining equity prices is investigated by many value relevance studies. This study investigates whether fiscal year end earnings as a proxy for next period's earnings have additional information, beyond the information incorporated in contemporaneous equity price, for...
Persistent link: https://www.econbiz.de/10013117045
Large shareholders are a potentially very important element of firms' corporate governance system. Whereas analytical research is typically vague on who these large shareholders are, in practice there are important variations in the types of large owners (and the different types of large owners...
Persistent link: https://www.econbiz.de/10013108267
Large shareholders are a potentially very important element of firms' corporate governance system. Whereas analytical research is typically vague on who these large shareholders are, in practice there are important variations in the types of large owners (and the different types of large owners...
Persistent link: https://www.econbiz.de/10013087158
The purpose of this paper is to discuss the concept of measurement in financial accounting, starting with an … examination of the approach to measurement taken by the International Accounting Standards Board (IASB), followed by a summary of … various accounting theorists including Edwards and Bell, Chambers and Sterling. While agreeing generally with Sterling …
Persistent link: https://www.econbiz.de/10013088556
misreporting accounting information. Further, in a quasi-natural experiment that uses shifts in import tariffs to identify …. Our findings are robust across alternate measures of misreporting including restatements and accounting irregularities as …
Persistent link: https://www.econbiz.de/10013092429
We experimentally explore how common knowledge provided by accounting systems affects investors' decision and shapes … the formation of security prices over time. We design alternative accounting structures and run experiments in artificial … security markets framed by these structures. In sessions where investors receive exogenous accounting information about …
Persistent link: https://www.econbiz.de/10013067359