Fair Value Disclosures Beyond SFAS 157

• المؤلف الرئيسي: GOH, Beng Wee
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2012
• الموضوعات: Fair value accounting; SFAS 157; voluntary disclosure; corporate governance; information uncertainty; information risk; Accounting; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/935; http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1335848

Our study examines the factors that influence the fair value disclosures in the SFAS 157 footnote, and how these disclosures affect investors’ uncertainty regarding these fair value estimates, particularly Level 3 estimates. We find that more Level 3 items, more transfers from Level 1 and Level 2 it...