Abstract

This paper examines methodological problems in measuring the capital market impact of accounting policy decisions. Topics covered include the development of hypotheses about the magnitude and timing of capital market impacts, sample selection issues in control group designs, and the confounding events problem. Reference is made to capital market studies on a variety of accounting policy decisions. Empirical evidence related to studies on the capital market impact of Statement of Financial Accounting Standards No. 19 is also presented.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.