國立高雄大學圖資館 |

Language: English

Back

The decision usefulness of additiona...

Herrmann, Theresa.

The decision usefulness of additional fair value disclosuresone disclosure type does not fit all nonprofessional investors' needs /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The decision usefulness of additional fair value disclosuresby Theresa Herrmann.
Reminder of title:	one disclosure type does not fit all nonprofessional investors' needs /
Author:	Herrmann, Theresa.
Published:	Wiesbaden :Springer Fachmedien Wiesbaden :2019.
Description:	xix, 181 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Fair valueAccounting.
Online resource:	https://doi.org/10.1007/978-3-658-24832-1
ISBN:	9783658248321$q(electronic bk.)

The decision usefulness of additional fair value disclosuresone disclosure type does not fit all nonprofessional investors' needs /
Herrmann, Theresa.

The decision usefulness of additional fair value disclosuresone disclosure type does not fit all nonprofessional investors' needs /[electronic resource] :by Theresa Herrmann. - Wiesbaden :Springer Fachmedien Wiesbaden :2019. - xix, 181 p. :ill., digital ;24 cm. - Controlling und rechnungslegung - managerial and financial accounting,2524-5686. - Controlling und rechnungslegung - managerial and financial accounting..

Financial Reporting for Capital Market Participants -- Differences in Information Needs and Usage by Capital Providers -- Theoretical Background and Predictions on Facilitating the Usage of Disclosures for Investors -- Experimental Results.

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. Contents Financial Reporting for Capital Market Participants Differences in Information Needs and Usage by Capital Providers Theoretical Background and Predictions on Facilitating the Usage of Disclosures for Investors Experimental Results Target Groups Researchers and students in the field of business administration with focus on international financial accounting Experts and managers in the area of international financial accounting The Author Dr. Theresa Herrmann completed her doctoral study under the supervision of Prof. Dr. Maik Lachmann at the department of financial accounting and management control at Technische Universitat Berlin.

ISBN: 9783658248321$q(electronic bk.)

Standard No.: 10.1007/978-3-658-24832-1doiSubjects--Topical Terms:

209936
Fair value
--Accounting.

LC Class. No.: HF5681.V3 / H47 2019

Dewey Class. No.: 658.15

The decision usefulness of additional fair value disclosuresone disclosure type does not fit all nonprofessional investors' needs /
LDR:02778nmm a2200349 a 4500 001 555124
003 DE-He213
005 20190620110511.0
006 m d
007 cr nn 008maaau
008 191121s2019 gw s 0 eng d
020 $a 9783658248321$q(electronic bk.)
020 $a 9783658248314$q(paper)
024 7 $a 10.1007/978-3-658-24832-1 $2 doi
035 $a 978-3-658-24832-1
040 $a GP $c GP
041 0 $a eng
050 4 $a HF5681.V3 $b H47 2019
072 7 $a KF $2 bicssc
072 7 $a BUS001040 $2 bisacsh
072 7 $a KF $2 thema
072 7 $a KFCM $2 thema
082 0 4 $a 658.15 $2 23
090 $a HF5681.V3 $b H568 2019
100 1 $a Herrmann, Theresa. $3 837159
245 1 4 $a The decision usefulness of additional fair value disclosures $h [electronic resource] : $b one disclosure type does not fit all nonprofessional investors' needs / $c by Theresa Herrmann.
260 $a Wiesbaden : $b Springer Fachmedien Wiesbaden : $b Imprint: Springer Gabler, $c 2019.
300 $a xix, 181 p. : $b ill., digital ; $c 24 cm.
490 1 $a Controlling und rechnungslegung - managerial and financial accounting, $x 2524-5686
505 0 $a Financial Reporting for Capital Market Participants -- Differences in Information Needs and Usage by Capital Providers -- Theoretical Background and Predictions on Facilitating the Usage of Disclosures for Investors -- Experimental Results.
520 $a 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. Contents Financial Reporting for Capital Market Participants Differences in Information Needs and Usage by Capital Providers Theoretical Background and Predictions on Facilitating the Usage of Disclosures for Investors Experimental Results Target Groups Researchers and students in the field of business administration with focus on international financial accounting Experts and managers in the area of international financial accounting The Author Dr. Theresa Herrmann completed her doctoral study under the supervision of Prof. Dr. Maik Lachmann at the department of financial accounting and management control at Technische Universitat Berlin.
650 0 $a Fair value $x Accounting. $3 209936
650 0 $a Valuation. $3 215305
650 0 $a Business enterprises $x Valuation. $3 209976
650 1 4 $a Accounting/Auditing. $3 274344
650 2 4 $a Financial Accounting. $3 747531
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
830 0 $a Controlling und rechnungslegung - managerial and financial accounting. $3 837160
856 4 0 $u https://doi.org/10.1007/978-3-658-24832-1
950 $a Business and Management (Springer-41169)