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The Decision Usefulness Of Additional Fair Value Disclosures One Disclosure Type Does Not Fit All Nonprofessional Investors Needs 1st Ed Theresa Herrmann

  • SKU: BELL-7327148
The Decision Usefulness Of Additional Fair Value Disclosures One Disclosure Type Does Not Fit All Nonprofessional Investors Needs 1st Ed Theresa Herrmann
$ 31.00 $ 45.00 (-31%)

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The Decision Usefulness Of Additional Fair Value Disclosures One Disclosure Type Does Not Fit All Nonprofessional Investors Needs 1st Ed Theresa Herrmann instant download after payment.

Publisher: Springer Fachmedien Wiesbaden,Springer Gabler
File Extension: PDF
File size: 3.53 MB
Author: Theresa Herrmann
ISBN: 9783658248314, 9783658248321, 3658248319, 3658248327
Language: English
Year: 2019
Edition: 1st ed.

Product desciption

The Decision Usefulness Of Additional Fair Value Disclosures One Disclosure Type Does Not Fit All Nonprofessional Investors Needs 1st Ed Theresa Herrmann by Theresa Herrmann 9783658248314, 9783658248321, 3658248319, 3658248327 instant download after payment.

Conducting an experiment Theresa Herrmann investigates why nonprofessional investors fail to incorporate disclosures on fair value estimates into their investment decision and what causes this exclusion. Differentiating between different types of disclosures and the development of the fair value (gain vs. loss) the results indicate that with a fair value gain, none of the disclosure information increases decision usefulness, irrespective of the presentation format. When a fair value loss occurs, fair value disclosures presented in a salient presentation format decrease decision usefulness. Thus, investors have varying information needs that are strongly linked to the development of a firm’s key asset.

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