Are disclosures about bank derivatives and employee stock options 'value-relevant'?

被引：32

作者：

Skinner, DJ

机构：

[1] Univ. of Michigan Business School, Ann Arbor

来源：

JOURNAL OF ACCOUNTING & ECONOMICS | 1996年 / 22卷 / 1-3期

关键词：

capital markets; methodology; derivatives; disclosure; employee stock options; value relevance;

D O I：

10.1016/S0165-4101(96)00432-6

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The papers by Venkatachalam (1996) and Aboody (1996) provide some interesting evidence on issues that are important to accounting regulators as well as accounting academics. However, for econometric as well as economic reasons, there are limits to what we can learn from this type of research (cross-sectional 'levels' studies). Careful attention to methodological issues in this type of research design can reduce, but likely will not eliminate, these interpretational difficulties.

引用

页码：393 / 405

页数：13

共 9 条

[1] THE MARKET VALUATION IMPLICATIONS OF NET PERIODIC PENSION COST COMPONENTS [J].