The case for local fair value discount rates under IFRS
نویسندگان
چکیده
منابع مشابه
Value Relevance of the Fair Value Hierarchy of IFRS 7 in Europe. How reliable are mark-to-model Fair Values?
According to IFRS 7, banks have to disclose the inputs used in measuring the fair value of financial instruments. For this purpose the standard defines a three-level measurement hierarchy. The reliability of fair values is expected to decrease with decreasing hierarchy level due to the lower quality of the input factors. Using a value relevance research setting, I find that investors perceive t...
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ژورنال
عنوان ژورنال: Pensions: An International Journal
سال: 2011
ISSN: 1750-208X
DOI: 10.1057/pm.2011.7