Fair value and economic consequences of financial restatements

Hua Wei Solomon Huang, Zhi Yuan Andy Feng, Angie Abdel Zaher

研究成果: Article同行評審

摘要

This study finds that negative market reactions to restatement announcements are more severe when firms disclose higher ratios of Level 3 fair values. In addition, this negative association is stronger during financial crisis periods, showing that market investors prefer conservative fair values.

原文English
文章編號101244
期刊Finance Research Letters
34
DOIs
出版狀態Published - 2020 五月

All Science Journal Classification (ASJC) codes

  • Finance

指紋 深入研究「Fair value and economic consequences of financial restatements」主題。共同形成了獨特的指紋。

引用此