Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Recognition versus Disclosure: The Case of Land and Buildings’ Revaluations

Recognition versus Disclosure: The Case of Land and Buildings’ Revaluations This study examines the value relevance of recognised and disclosed revaluations of land and buildings for a large sample of Australian firms from 1993 through 1997. In contrast to prior research, we control for risk and cyclical effects and find no difference between recognised and disclosed revaluations, using yearly‐cross‐sectional and pooled regressions and using both market and non‐market dependent variables. We also find only weak evidence that revaluations of recognised and disclosed land and buildings are value relevant. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Pacific Accounting Review Emerald Publishing

Recognition versus Disclosure: The Case of Land and Buildings’ Revaluations

Loading next page...
 
/lp/emerald-publishing/recognition-versus-disclosure-the-case-of-land-and-buildings-elsagNJ8lm
Publisher
Emerald Publishing
Copyright
Copyright © 2005 Emerald Group Publishing Limited. All rights reserved.
ISSN
0114-0582
DOI
10.1108/01140580510818549
Publisher site
See Article on Publisher Site

Abstract

This study examines the value relevance of recognised and disclosed revaluations of land and buildings for a large sample of Australian firms from 1993 through 1997. In contrast to prior research, we control for risk and cyclical effects and find no difference between recognised and disclosed revaluations, using yearly‐cross‐sectional and pooled regressions and using both market and non‐market dependent variables. We also find only weak evidence that revaluations of recognised and disclosed land and buildings are value relevant.

Journal

Pacific Accounting ReviewEmerald Publishing

Published: Jul 1, 2005

Keywords: Real estate; Disclosure; Australia

There are no references for this article.