The Impact of Appraisal Quality on the Voluntary Disclosure of Asset Revaluation
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Song, Younghyo | - |
dc.contributor.author | Pae, Jinhan | - |
dc.date.accessioned | 2021-09-01T05:46:03Z | - |
dc.date.available | 2021-09-01T05:46:03Z | - |
dc.date.created | 2021-06-18 | - |
dc.date.issued | 2019-10 | - |
dc.identifier.issn | 2041-9945 | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/62802 | - |
dc.description.abstract | In the wake of the global financial crisis, we compare Korean firms that voluntarily disclosed their revaluation in a timely manner with those that did not. We find that firms are more likely to disclose revaluation when they hire a large, reputable appraisal firm and when they have a large number of revaluation increments. We observe a significantly positive market reaction to the voluntary disclosure of the revaluation results. A positive market reaction is mainly observed for firms that hired a large, reputable appraisal firm, had a large number of revaluation increments, and were under greater financial distress before revaluation. | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | WILEY | - |
dc.subject | MOTIVES | - |
dc.title | The Impact of Appraisal Quality on the Voluntary Disclosure of Asset Revaluation | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Pae, Jinhan | - |
dc.identifier.doi | 10.1111/ajfs.12275 | - |
dc.identifier.scopusid | 2-s2.0-85074188330 | - |
dc.identifier.wosid | 000492816500002 | - |
dc.identifier.bibliographicCitation | ASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES, v.48, no.5, pp.615 - 639 | - |
dc.relation.isPartOf | ASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES | - |
dc.citation.title | ASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES | - |
dc.citation.volume | 48 | - |
dc.citation.number | 5 | - |
dc.citation.startPage | 615 | - |
dc.citation.endPage | 639 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.identifier.kciid | ART002517876 | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.description.journalRegisteredClass | kci | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Business, Finance | - |
dc.subject.keywordPlus | MOTIVES | - |
dc.subject.keywordAuthor | Revaluation | - |
dc.subject.keywordAuthor | Voluntary disclosure | - |
dc.subject.keywordAuthor | Global financial crisis | - |
dc.subject.keywordAuthor | Quality of appraisals | - |
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