Karl A. Muller, III; Riedl, Edward J.; Sellhorn, Thorsten - In: Management Science 57 (2011) 6, pp. 1138-1153
We examine the effects of mandating the provision of fair value information for long-lived tangible assets on firms' information asymmetry. Specifically, we investigate whether European real estate firms' compulsory adoption of International Accounting Standard 40 (IAS 40; Investment Property),...