دوشنبه 17 اردیبهشت 1403
| عنوان مقاله | |
| عنوان مقاله |
The effects of accounting regulations on stock valuation and volatility: Evidence from the banking industry |
| عنوان فارسی مقاله | تأثیر مقررات حسابداری بر ارزش گذاری سهام و نوسانات سهام: شواهدی از صنعت بانکی |
| مشخصات مقاله انگلیسی | |
| نشریه: WILEY BLACK WELL |
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| سال انتشار |
2017 |
| عنوان مجله |
Journal of International Financial Management & Accounting |
| تعداد صفحات مقاله انگلیسی | 25 |
| رفرنس | دارد |
| تعداد رفرنس | 31 |
| چکیده مقاله | |
| چکیده |
Banking regulators and market participants learn from price signals in the stock market (e.g., Flannery, Journal of Money, Credit and Banking 30: 273, 1998). Therefore, the system becomes more secure and developed as stock prices become more informative about banks’ financial conditions. Using a sample that includes major banks from 35 countries, this study investigates how accounting regulations affect bank stock valua- tion and volatility. The evidence suggests that bank stocks have higher valuation and lower volatility in countries that strictly regulate the quality of external audits and financial statement transparency. This study presents a comprehensive picture of the effects of bank accounting regulations on the stock market. |
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| دانلود | |
