Affiliation:
1. Akmalia M. Ariff is a Lecturer at Universiti Malaysia Terengganu, and Steven F. Cahan and David M. Emanuel are both Professors at The University of Auckland.
Abstract
ABSTRACT
This paper examines the value relevance of voluntary disclosures about intangibles in eight East Asian countries, and the effect of variation in company-level and country-level governance on the valuation of these disclosures. Using Easton and Sommers' (2003) deflated valuation approach in analyses involving 459 companies, we find that the voluntary disclosures are value relevant, over and above the numbers in the balance sheet and income statement. We also find that the value relevance of these disclosures is conditional on the level of director ownership and the strength of the institutional features of a country.
Publisher
American Accounting Association
Subject
Accounting,Business and International Management
Reference96 articles.
1. Intellectual capital disclosure and market capitalization;Abdolmohammadi;Journal of Intellectual Capital,2005
2. The impact of human resource management practices on operational performance: Recognizing country and industry differences;Ahmad;Journal of Operations Management,2003
3. The relative informativeness of accounting disclosures in different countries;Alford;Journal of Accounting Research,1993
4. Country-specific factors related to financial reporting and the value relevance of accounting data;Ali;Journal of Accounting Research,2000
5. Value-relevance of nonfinancial information: The wireless communications industry;Amir;Journal of Accounting and Economics, Conference Issue on Contemporary Financial Reporting Issues,1996
Cited by
11 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献