The Effect of Statement of Financial Accounting Standards No. 157 Fair Value Measurements on Analysts' Information Environment

• Main Authors: OW YONG, Kevin, CHUNG, Sung Gon, BARRON, Orie
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Accounting; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1012
• Institution: Singapore Management University

This study examines whether and how the analysts’ information environment is affected by the adoption of the new standard Statement of Financial Accounting Standards No. 157 Fair Value Measurements (hereafter FAS 157). FAS 157 requires firms to disclose their fair value assets and liabilities into L...