Researchers have used various measures as indications of “earnings quality” including
persistence, accruals, smoothness, timeliness, loss avoidance, investor responsiveness …

This paper evaluates what we have learned about the relevance and reliability of financial
and non‐financial information on intangibles from the value‐relevance literature. Because …

This paper explains that value relevance research assesses how well accounting amounts
reflect information used by equity investors, and provides insights into questions of interest …

Historically, bubbles are followed by crashes, which in turn are followed by punitive
legislation. The 1999–2003 era is fully consistent with this pattern….(Coffee, 2003a, p. 46) …

We find, as predicted, that upward revaluations of fixed assets by UK firms are significantly
positively related to changes in future performance, measured by operating income and …

The development of accounting standards reveals that the historical cost accounting (HCA)
is being replaced by the fair value accounting (FVA) paradigm. FVA, in contrast to HCA that …

The choice between fair value and historical cost accounting is the subject of long-standing
controversy among accounting academics and regulators. Nevertheless, the market-based …

This paper discusses the relation between financial reporting research and practice,
particularly standard setters. Many studies addressing financial reporting issues use a …

We investigate the reliability of mandatory annual fair value estimates for UK investment
property. We find that appraisal estimates understate actual selling prices and are …

We examine the value relevance and reliability of brand assets recognized by 33 UK firms,
and the stock price reaction to the announcement of brand capitalization. We find that brand …