Market Pricing of Banks’ Fair Value Assets Reported under Sfas 157 During the 2008 Economic Crisis

Our paper presents early evidence on how investors rely on the fair value estimates of assets reported by banks as required by Statement of Financial Accounting Standards No. 157 (SFAS 157) in 2008. We observe significant variation in the pricing of different levels of fair value assets, with the pr...

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Bibliographic Details
Main Authors: GOH, Beng Wee, NG, Jeffrey, OW YONG, Keng Kevin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
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Online Access:https://ink.library.smu.edu.sg/soa_research/250
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Institution: Singapore Management University
Language: English

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