The purpose of this study is to examine the relevance of fair value accounting measurement for investment in securities. We use three measurements for fair value: net asset based on fair value per share (FV), fair value adjusted amount per share (FVAD) and fair value adjusted investment gain and...

We examine the value relevance of accounting information before and after IFRS adoption in the Chinese accounting standards started at 2006 for China capital market, and investigate whether the IFRS adoption affects the financial statements and their value relevance for 3,910 firm years of...