東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

Value relevance of asset write-offs/...

Xu, Wei.

FindBook

Google Book

Amazon

博客來

Value relevance of asset write-offs/write-downs and effectiveness of FASB pronouncements (SFAS #121, #142, #144).

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Value relevance of asset write-offs/write-downs and effectiveness of FASB pronouncements (SFAS #121, #142, #144)./
作者:	Xu, Wei.
面頁冊數:	166 p.
附註:	Adviser: Bikki Jaggi.
Contained By:	Dissertation Abstracts International68-02A.
標題:	Business Administration, Accounting. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3252424

Value relevance of asset write-offs/write-downs and effectiveness of FASB pronouncements (SFAS #121, #142, #144).
Xu, Wei.

Value relevance of asset write-offs/write-downs and effectiveness of FASB pronouncements (SFAS #121, #142, #144). - 166 p.

Adviser: Bikki Jaggi.

Thesis (Ph.D.)--Rutgers The State University of New Jersey - Newark, 2007.

This study, from the long-term association study perspective, aims to examine whether asset write-off/write-down (WO/WD) information is value relevant and whether SFAS #121, #142 and #144 are effective in improving the information value of both the asset WO/WD information and the aggregate accounting numbers. Further, to better understand the market valuation process and provide standard setters with more insights about WO/WD activities, the value relevance (timeliness) of goodwill impairment charges as well as other categorized asset WO/WD charges is separately investigated.Subjects--Topical Terms:

1020666
Business Administration, Accounting.

Value relevance of asset write-offs/write-downs and effectiveness of FASB pronouncements (SFAS #121, #142, #144).
LDR:03338nam 2200277 a 45 001 942489
005 20110519
008 110519s2007 eng d
035 $a (UMI)AAI3252424
035 $a AAI3252424
040 $a UMI $c UMI
100 1 $a Xu, Wei. $3 923895
245 1 0 $a Value relevance of asset write-offs/write-downs and effectiveness of FASB pronouncements (SFAS #121, #142, #144).
300 $a 166 p.
500 $a Adviser: Bikki Jaggi.
500 $a Source: Dissertation Abstracts International, Volume: 68-02, Section: A, page: 0628.
502 $a Thesis (Ph.D.)--Rutgers The State University of New Jersey - Newark, 2007.
520 $a This study, from the long-term association study perspective, aims to examine whether asset write-off/write-down (WO/WD) information is value relevant and whether SFAS #121, #142 and #144 are effective in improving the information value of both the asset WO/WD information and the aggregate accounting numbers. Further, to better understand the market valuation process and provide standard setters with more insights about WO/WD activities, the value relevance (timeliness) of goodwill impairment charges as well as other categorized asset WO/WD charges is separately investigated.
520 $a The empirical results suggest that (1) on average, asset WO/WD is value relevant information, but not reported in a timely fashion; (2) the overall explanatory power of the major accounting information reported by WO/WD firms' is of no difference from that of their non-WO/WD counterparts after controlling for profitability; (3) SFAS #121 did not help to improve value relevance or timeliness of reported financial information; (4) SFAS #142 and #144 have made the asset impairment charges more aligned with book value and share prices; (5) SFAS #142 and #144 have improved the alignment between book value and market value for all adopting firms (WO/WD or non-WO/WD); (6) goodwill impairment charges are not value relevant in the pre-142 period; but became significant negative value signals in the post-142 time regime; (7) information value of asset WO/WD differ across types of assets involved (and WO/WD reasons): market interprets WO/WD of current assets, PPE, and deferred charges (pure-impairment and DISC-related-impairment in case of WO/WD reasons) as negative value signals (with different magnitudes); however, the coefficients attached to WO/WD of non-GW intangibles or R&D-in-process (RESTR-related or M&A-related in case of "reasons") are not significantly different from zero.
520 $a This is the first study that thoroughly examined the value relevance of (categorized) asset WO/WD and the effectiveness of three consecutively announced FASB pronouncements by using quasi-hand-collected data over a long and recent sample period (1992-2004). Empirical findings from this area of research will contribute to the study of security evaluation process, provide valuable feedbacks to the concurrent accounting guidance and supplement asset WO/WD accounting literature with empirical evidence from the association study perspective.
590 $a School code: 0461.
650 4 $a Business Administration, Accounting. $3 1020666
690 $a 0272
710 2 $a Rutgers The State University of New Jersey - Newark. $3 1017745
773 0 $t Dissertation Abstracts International $g 68-02A.
790 $a 0461
790 1 0 $a Jaggi, Bikki, $e advisor
791 $a Ph.D.
792 $a 2007
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3252424