دورية أكاديمية
Capital markets and valuation models of investment properties. A pre and post crisis analysis
| العنوان: | Capital markets and valuation models of investment properties. A pre and post crisis analysis |
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| المؤلفون: | María Paz Horno-Bueno, Ana Licerán-Gutiérrez, Rafael Bautista-Mesa |
| المصدر: | Revista de Contabilidad: Spanish Accounting Review, Vol 25, Iss 2 (2022) |
| بيانات النشر: | Universidad de Murcia, 2022. |
| سنة النشر: | 2022 |
| المجموعة: | LCC:Accounting. Bookkeeping LCC:Finance |
| مصطلحات موضوعية: | investment property, relevance, Ohlson model, fair value model, historical cost model., Accounting. Bookkeeping, HF5601-5689, Finance, HG1-9999 |
| الوصف: | This work analyses the effect of the fair value and historical cost models, optionally applicable under IAS 40 for investment properties on the market value of Spanish groups of real estate listed companies between 2005 and 2018. The results of the application of the Ohlson Model do not suggest any relationship of financial information with the market value in the pre-crisis and economic crisis periods. However, in the post-crisis period, financial information represented by book value gains relevance, showing a significant positive relationship with the market value of real estate companies, although suggesting a reduction in the asymmetry of financial information in companies using the fair value method. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | English Spanish; Castilian |
| تدمد: | 1138-4891 1988-4672 |
| Relation: | https://revistas.um.es/rcsar/article/view/431411; https://doaj.org/toc/1138-4891; https://doaj.org/toc/1988-4672 |
| DOI: | 10.6018/rcsar.431411 |
| URL الوصول: | https://doaj.org/article/e98dae0466dc4adbba1c35a8efe4b313 |
| رقم الأكسشن: | edsdoj.98dae0466dc4adbba1c35a8efe4b313 |
| قاعدة البيانات: | Directory of Open Access Journals |
Full Text Finder | تدمد: | 11384891 19884672 |
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| DOI: | 10.6018/rcsar.431411 |