Academic Journal of Business & Management, 2023, 5(9); doi: 10.25236/AJBM.2023.050909.
School of Business and Management, Queen Mary University of London, London, UK
The use of fair value in China is closely linked with that of the United States, which calls for attention from the Chinese accounting academies. A series of hypothesis were tested and the relationship between the fair value information and the financial enterprises' value was examined. Results revealed that there is a correlation between changes in fair value and the share price of financial companies but not very significant. Furthermore, differences exist in the value relevance of fair value across financial companies (securities corporations and banks) during the sample period.
Fair value; Value relevance; Financial enterprises
Zhewen Xiao. Empirical Research of Fair Value Measurement in Chinese Financial Enterprises—Analysis Based on Commercial Banks and Securities Corporations 2007-2012. Academic Journal of Business & Management (2023) Vol. 5, Issue 9: 54-61. https://doi.org/10.25236/AJBM.2023.050909.
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