Purpose – The purpose of this paper is to investigate the effects of individual provisions of firm‐level shareholder rights on the cost of equity capital in the USA setting. Design/methodology/approach – Prior literature has shown that strong shareholder rights, as measured by aggregated...

Premiums collected when warrants are issued become part of a firm's capital and are taken into account in the valuation of a company. In this paper formulae are developed to fairly value warrants in the case where multiple warrant issues are outstanding, including consideration of issue premiums...

Revaluation of tangible assets, namely the determination of fair value is required to provide a fair image of its financial position and performance. This activity is performed by authorized persons. The value differences may be additional when the fair value is bigger than the book one, or less...

Purpose – With reference to IAS/IFRS, the purpose of this paper is to examine the value relevance of the two amortised cost/fair value measurement methods applied to loans, and test whether loan fair values are an incremental explanatory factor for a bank's stock price, beyond that provided by...

Purpose – Advocates of greater intangible asset reporting frequently make the criticism that the published financial statements of companies do not adequately reflect the value of intangible assets and hence provide potentially misleading information to the users of the financial statements....

Purpose – The purpose of the article is to discuss how the demand for disclosure regarding property valuation in financial reports can be fulfilled. Design/methodology/approach – The starting point is the generally established methods for property valuation and the different types of data...

Purpose – The study aims to measure the fair value (FV) regulation convergence and to present its determinant factors and effects. Design/methodology/approach – An empirical approach is used based on the content analysis of the accounting and valuation referentials, and of the similarity and...

Purpose – This paper seeks to consider a significant market misconception and related errors commonly made by valuers, financial decision makers, and other users of valuation services. Its purpose is to focus on the importance of relating the explicit requirements of market value and fair...

Purpose – The purpose of this paper is to examine the usefulness of a heuristic expert system, to show its applicability to real‐world valuation problems, and to suggest several avenues for statistical testing. Design/methodology/approach – The expert systems follow a traditional sales...

Purpose – The purpose of the paper is to investigate issues associated with the application of international and national accounting and valuation standards to owner occupied property for financial reporting purposes. Design/methodology/approach – The regulatory framework and relevant...