uu.seUppsala University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Is there a casual link between disclosure for fair value assets and information asymmetry?
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
2016 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Following an attempt to harmonize the U.S. GAAP and IFRS a new IFRS standard became mandatory in the EU known as IFRS 13 “Fair value measurement” in 2013. The new accounting standard aims to decrease inconsistencies with fair value measurement by introducing new disclosure requirements for fair value assets with no active market (level 3). This study investigates how well Swedish listed firms have complied with the new disclosure requirements, and whether their compliance level has affected the information asymmetry between market participants. The sample consists of Swedish listed firms from Nasdaq OMX within the banking, forestry and real estate industry where fair value assets on level 3 are prevalent. The result revealed that Swedish firms had increased their compliance level with the disclosure requirements; furthermore, the regression analysis indicated a negative relation between an increase in disclosure level and information asymmetry after controlling for some variables. However, since the result was not significant suggestions for future research is to increase the sample size outside of the Swedish context. 

Place, publisher, year, edition, pages
2016. , 45 p.
Keyword [en]
IFRS 13, fair value, information asymmetry, disclosure
National Category
Business Administration
Identifiers
URN: urn:nbn:se:uu:diva-297730OAI: oai:DiVA.org:uu-297730DiVA: diva2:943351
Subject / course
Business Studies
Educational program
Master Programme in Accounting, Auditing and Analysis
Supervisors
Available from: 2016-06-29 Created: 2016-06-27 Last updated: 2016-06-29Bibliographically approved

Open Access in DiVA

fulltext(2270 kB)95 downloads
File information
File name FULLTEXT01.pdfFile size 2270 kBChecksum SHA-512
bd576670597f7f1dba50c8c1e68d666c17b35e318273973d5c536ab7219400b0df5576cfef92e68189d3608e5943a990fd9013f5c2ba7756f3cbf853bfde18b2
Type fulltextMimetype application/pdf

By organisation
Department of Business Studies
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 95 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 564 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf