Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure
Evidence thus far suggests fair value accounting poses risk and affects firms’ returns in some ways. This research, on a sample of Asian banks, improves the understanding of the information risk effect of fair value accounting by examining the moderating role of risk disclosure in the relationship b...
Saved in:
Main Authors: | , , , |
---|---|
Format: | Conference or Workshop Item |
Language: | English |
Published: |
2017
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/21028/1/shsconf_four2017%201%205.pdf http://repo.uum.edu.my/21028/ http://doi.org/10.1051/shsconf/20173407005 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.21028 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.210282017-02-23T03:49:05Z http://repo.uum.edu.my/21028/ Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure Dignah, Ashwag Abdul Latiff, Radziah Abdul Karim, Zulkefly Abdul Rahman, Aisyah HF5601 Accounting Evidence thus far suggests fair value accounting poses risk and affects firms’ returns in some ways. This research, on a sample of Asian banks, improves the understanding of the information risk effect of fair value accounting by examining the moderating role of risk disclosure in the relationship between fair value accounting and the cost of equity capital. The results from a generalised method of moments on dynamic panel data analysis, show that risk disclosure mitigates the asymmetric information problem.Thus the findings contribute towards the standard setters’ effort in improving the practice of fair value accounting, and suggest that there are benefits in mandating disclosure especially for banks. 2017 Conference or Workshop Item PeerReviewed application/pdf en cc4_by http://repo.uum.edu.my/21028/1/shsconf_four2017%201%205.pdf Dignah, Ashwag and Abdul Latiff, Radziah and Abdul Karim, Zulkefly and Abdul Rahman, Aisyah (2017) Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure. In: 17th Annual Conference of the Asian Academic Accounting Association (2016 FourA Conference), 20-22 November 2016, Kuching, Sarawak. http://doi.org/10.1051/shsconf/20173407005 doi:10.1051/shsconf/20173407005 |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutionali Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HF5601 Accounting |
spellingShingle |
HF5601 Accounting Dignah, Ashwag Abdul Latiff, Radziah Abdul Karim, Zulkefly Abdul Rahman, Aisyah Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure |
description |
Evidence thus far suggests fair value accounting poses risk and affects firms’ returns in some ways. This research, on a sample of Asian banks, improves the understanding of the information risk effect of fair value accounting by examining the moderating role of risk disclosure in the relationship between fair value accounting and the cost of equity capital. The results from a generalised method of moments on dynamic panel data analysis, show that risk disclosure mitigates the asymmetric information problem.Thus the findings contribute towards the standard setters’ effort in improving the practice of fair value accounting, and suggest that there are benefits in mandating disclosure especially
for banks. |
format |
Conference or Workshop Item |
author |
Dignah, Ashwag Abdul Latiff, Radziah Abdul Karim, Zulkefly Abdul Rahman, Aisyah |
author_facet |
Dignah, Ashwag Abdul Latiff, Radziah Abdul Karim, Zulkefly Abdul Rahman, Aisyah |
author_sort |
Dignah, Ashwag |
title |
Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure |
title_short |
Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure |
title_full |
Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure |
title_fullStr |
Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure |
title_full_unstemmed |
Fair value accounting and the cost of equity capital: the moderating effect of risk disclosure |
title_sort |
fair value accounting and the cost of equity capital: the moderating effect of risk disclosure |
publishDate |
2017 |
url |
http://repo.uum.edu.my/21028/1/shsconf_four2017%201%205.pdf http://repo.uum.edu.my/21028/ http://doi.org/10.1051/shsconf/20173407005 |
_version_ |
1644283124815757312 |
score |
13.18916 |