Compliance and familiarity with fixed assets' disclosure requirements and firm value

IF 5.6 2区经济学 Q1 BUSINESS, FINANCE

Emerging Markets Review Pub Date : 2024-07-29 DOI:10.1016/j.ememar.2024.101182

Yossi Diantimala , Singgih Wijayana

引用次数: 0

Abstract

We examine the impact of compliance and familiarity with fixed assets' disclosure requirements on firm value in Indonesia. Data were manually tabulated from 1672 financial statements of publicly listed firms during the period from 2013 to 2020 to test our hypotheses. We find that both the compliance level and familiarity level gradually increase over time. The result shows that greater compliance with IFRS accounting standards is associated with greater firm value. Interestingly, we find a negative association between the familiarity sub-index and firm value, suggesting that unfamiliarity with more complex accounting standards can lead to lower firm value.

查看原文本刊更多论文

遵守并熟悉固定资产披露要求和公司价值

我们研究了印尼企业遵守和熟悉固定资产披露要求对企业价值的影响。数据来自 2013 年至 2020 年期间 1672 家上市公司的财务报表，以手工制表的方式检验我们的假设。我们发现，随着时间的推移，合规水平和熟悉程度都在逐渐提高。结果表明，对《国际财务报告准则》的遵守程度越高，公司价值越大。有趣的是，我们发现熟悉程度分指数与公司价值之间存在负相关关系，这表明不熟悉更复杂的会计准则会导致公司价值降低。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Emerging Markets Review Multiple-

CiteScore

7.10

自引率

4.20%

发文量

审稿时长

100 days

期刊介绍： The intent of the editors is to consolidate Emerging Markets Review as the premier vehicle for publishing high impact empirical and theoretical studies in emerging markets finance. Preference will be given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. We especially welcome papers that take institutional as well as financial perspectives.