Recognition versus disclosure of fair values (Registro nro. 199694)
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| 000 -LÍDER | |
|---|---|
| Campo fijo de descripción fija | 02382nab a2200229 a 4500 |
| 003 - IDENTIFICADOR DEL NÚMERO DE CONTROL | |
| Campo de control | OSt |
| 005 - FECHA Y HORA DE LA ULTIMA TRANSACCIÓN | |
| control field | 20200226102057.0 |
| 008 - ELEMENTOS DE LONGITUD FIJA -- INFORMACIÓN GENERAL | |
| Campo fijo de descripción fija -- Información general | 200131s2015 xxu|||||r|||| 00| 0 eng d |
| 040 ## - FUENTE DE CATALOGACIÓN | |
| Agencia Catalogadora | CO-BoUGC |
| Agencia que realiza la transcripción | CO-BoUGC |
| 100 1# - ASIENTO PRINCIPAL--NOMBRE PERSONAL | |
| Nombre personal | Müller, Maximilian A. |
| 245 10 - TÍTULO | |
| Título | Recognition versus disclosure of fair values |
| Responsables | Maximilian A. Müller, Edward J. Riedl & Thorsten Sellhorn |
| 300 ## - DESCRIPCIÓN FÍSICA | |
| Extensión | Páginas 2411 a la 2447 |
| 520 3# - NOTA DE RESUMEN, ETC. | |
| Nota de sumario, etc. | This paper examines pricing differences across recognized and disclosed fair values. We build on prior literature by examining two theoretical causes of such differences: lower reliability of the disclosed information, and/or investors' higher related information processing costs. We examine European real estate firms reporting under International Financial Reporting Standards (IFRS), which require that fair values for investment properties, our sample firms' key operating asset, either be recognized on the balance sheet or disclosed in the footnotes. Consistent with prior research, we predict and find a lower association between equity prices and disclosed relative to recognized investment property fair values, reflecting a discount applied to disclosed fair values. We then predict and find that this discount is mitigated by lower information processing costs (proxied via high analyst following), and some support that it is also mitigated by higher reliability (proxied via use of external appraisals). These latter results are documented using subsample analyses to test one attribute (either information processing costs or reliability) while holding the other constant. Overall, these findings are consistent with fair value reliability and information processing costs providing complementary explanations for observed pricing discounts assessed on disclosed accounting amounts. |
| 650 14 - ASIENTO SECUNDARIO DE MATERIA - TERMINO TEMÁTICO | |
| 9 (RLIN) | 91036 |
| Término temático o nombre geográfico como elemento de entrada | Contabilidad |
| Subdivisión general | Legislación |
| Subdivisión geográfica | Estados Unidos |
| Subdivisión de forma | Publicaciones seriadas |
| 690 ## - CAMPO LOCAL DE ACCESO TEMÁTICO | |
| Término temático o nombre geográfico como elemento de entrada | Valuación a valor razonable |
| 690 ## - CAMPO LOCAL DE ACCESO TEMÁTICO | |
| Término temático o nombre geográfico como elemento de entrada | Revelación (Contabilidad) |
| 690 ## - CAMPO LOCAL DE ACCESO TEMÁTICO | |
| Término temático o nombre geográfico como elemento de entrada | International Financial Reporting Standard (IFRS) |
| 700 1# - ENTR. SECUNDARIA - Nombre Personal (R) | |
| Nombre personal | Riedl, Edward J. |
| -- | 178650 |
| 700 1# - ENTR. SECUNDARIA - Nombre Personal (R) | |
| Nombre personal | Sellhorn, Thorsten |
| -- | 178651 |
| 773 0# - ASIENTO DE ITEM FUENTE | |
| Host Biblionumber | 82265 |
| Host Itemnumber | 370852 |
| Asiento principal | The accounting review 2015 V.90 No. 6 (Nov) |
| Otro identificador del ítem | 0000002031098 |
| International Standard Serial Number | 0001-4826 (papel) |
| Descripción física | 37 páginas |
| Nota | Incluye tablas, figuras, referencias bibliográficas y apéndices |
| 942 ## - TIPO DE MATERIAL (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Tipo de Item KOHA | Artículo de Revista |
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