The Value Relevance of Book-Tax Differences - An Empirical Study in China's Capital Market

2006 ◽  
Author(s):  
Tanya Y. H. Tang
Keyword(s):  
Empirical Study ◽  
Capital Market ◽  
Value Relevance

scholarly journals Analisis Relevansi Nilai PSAK No. 30 (Revisi 2007) tentang Sewa, Dinilai Berdasarkan Reaksi Pasar Modal

2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Dewi Kartika
Keyword(s):  
Capital Market ◽  
Value Relevance

ABSTRACT. As one of the IFRS convergence program, DSAK-IAI has made several revisions of financialaccounting standards, one of which is PSAK No. 30 (Revisi 2007) about Leases. These financial accountingstandards have become effective since January 1, 2008. But until now still a few companies that apply thisstandard. This is probably because the company did not know the financialbenefitofthe applicationofthisstandard. Thereforethis studywas conducted to determinethe value relevance of PSAK No.30 (Revised2007) about Leases, which is assessed on the basis of capital market reactions.The results showedthat theapplication of PSAK No.30 (Revised 2007), about Leases, do nothave aninfluence onthe market. So we can saythe market does notsee thevalue relevance of PSAK No.30 (Revised2007) about Leases.Key words: Value relevance, PSAK No. 30 (Revisi 2007) about Leases.

scholarly journals The value relevance of financial information in troubled waters. The evidence of Italian context

2013 ◽  
Vol 11 (1) ◽  
pp. 62-67 ◽  
Author(s):  
Alessandro Giosi ◽  
Silvia Testarmata ◽  
Ignazio Buscema
Keyword(s):  
Capital Market ◽  
Value Relevance ◽  
Economic Value ◽  
Accounting Information ◽  
Financial Statements ◽  
Decision Makers ◽  
Academic Literature ◽  
Current Value ◽  
Italian Context ◽  
Rational Investment

Stemming from value relevance research, this study investigates the ability of accounting and financial data to provide useful information about the economic value of the firm in trouble waters. Because the firm is at the center of a network of interests of many stakeholders, that put some expectations on it, the investors requires useful financial statements information in order to take rational investment decisions about financial instruments, such as equity and corporate debts. Academic literature define value relevant the accounting information able to change the expectations but also to induce a change in the behavior of the decision makers. To ensure that the accounting information reported in the financial statements are value relevant they need to be related to the company current value. The aim of this research is to study the usefulness of accounting information perceived by investors and to understand the process of allocation of resources in the capital market in trouble waters.

scholarly journals Value Relevance Of Voluntary Human Capital Disclosure: European Evidence

2016 ◽  
Vol 32 (6) ◽  
pp. 1555
Author(s):  
Mohamed A. Elbannan ◽  
Omar Farooq
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Capital Market ◽  
Value Relevance ◽  
Labor Cost ◽  
Cost Information ◽  
Market Participants ◽  
Pricing Decisions ◽  
Human Resource Strategy ◽  
European Markets

This study examines the value relevance of voluntary human capital disclosure (VHCD) in 32 European markets during the period between 1997 and 2012. VHCD allows capital market participants to evaluate the intellectual capital of disclosing firms by allowing them to assess the competitiveness of firm’s human resource strategy and the productivity of workforce vis-à-vis the benchmark. The results provide strong evidence suggesting that market participants consider VHCD to be value relevant and incorporate changes in labor cost information into their pricing decisions. 

Sign in / Sign up

Export Citation Format

Share Document