The impact of IFRS on the value relevance of accounting data of banks listed on the Warsaw Stock Exchange

Autor:	Piotr Bolibok
Jazyk:	angličtina
Rok vydání:	2014
Předmět:	banks value relevance accounting standards Business HF5001-6182 Finance HG1-9999
Zdroj:	Copernican Journal of Finance & Accounting, Vol 3, Iss 1, Pp 33-43 (2014)
Druh dokumentu:	article
ISSN:	2300-1240 2300-3065
DOI:	10.12775/CJFA.2014.003
Popis:	The paper aims at investigating the impact of IFRS on the value relevance of fundamental accounting data announced by banks listed on the Warsaw Stock Exchange over the period 1998–2012. Given the specificity of banking sector, the analyses were based on the Ohlson residual income valuation model. The empirical evidence indicates that observed increase in the value relevance of both book values of equity and residual incomes of banks after introduction of IFRS is statistically insignificant. The obtained results are, therefore, consistent with the findings of previous research conducted on non-financial enterprises in the context of Polish capital market.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/22dad13c9d644d5e913d4d8abe60818f Zobrazit plný text záznamu View record in DOAJ