Does Recognition Versus Disclosure Matter? Evidence from Value-Relevance of Banks' Recognized and Disclosed Derivative Financial Instruments

By Anwer S. Ahmed, Emre Kilic, Gerald J. Lobo. 2004

389 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/1100ea017d23defc83218b17b6fbf460ccb70b0c

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Citations in the corpus

How did Financial Reporting Contribute to the Financial Crisis? (2010, background): “Findings in Ahmed et al. (2006) provide empirical evidence of such improvement.”
Comparing the Value Relevance, Predictive Value, and Persistence of Other Comprehensive Income and Special Items (2011, result): “…gains and losses, as well as the individual components of OCI, have found mixed results (Barth 1994; Soo and Soo 1994; Ahmed and Takeda 1995; Bartov 1997; Dhaliwal et al. 1999; O’Hanlon and Pope 1999; Seow and Tam 2002; Louis 2003; Ahmed et al. 2006; Chambers et al. 2007; Kanagaretnam et al. 2009).”
Accounting for financial stability: Bank disclosure and loss recognition in the financial crisis (2021, neutral): “suggesting that the informativeness and enforcement of FV disclosures are relatively low (e.g., Nissim, 2003; Ahmed et al., 2006).”
Fair value accounting: information or confusion for financial markets? (2014, positive): “Many of these studies have been conducted within the financial services or commercial banking industries (e.g., Ahmed et al., 2006; Barth, 1994; Barth et al., 1996; Eccher et al., 1996; Nelson, 1996).”
Evidence that Market Participants Assess Recognized and Disclosed Items Similarly when Reliability is Not an Issue (2013, background): “Ahmed et al. (2006) find that recognized fair values of derivatives are priced, while disclosed fair values of derivatives are not.”
Recognition versus Disclosure of Fair Values (2015, methodology): “…research (e.g., Ohlson 1995): a levels or “price” specification, which relates the market value of equity to the book value of equity (e.g., Barth 1991; Davis-Friday et al. 1999, 2004); and a changes or “returns” specification, which relates stock returns to earnings (e.g., Ahmed et al. 2006).”
Fair Value or Cost Model? Drivers of Choice for IAS 40 in the Real Estate Industry (2010, background): “…as disclosure (see Gopalakrishnan, 1994; Davis-Friday et al., 1999, for pension accounting under US GAAP), much more evidence is found where recognition has a stronger impact on financial markets (Aboody, 1996; Espahbodi et al., 2002; Beattie et al., 2003; Ahmed et al., 2006; Viger et al., 2008).”
Comprehensive Income: Who's Afraid of Performance Reporting? (2010, positive): “4 Our investigation of determinants of a location choice differs fundamentally from prior research on choices between recognition versus disclosure, which: (1) do affect the value of reported net income and other contractible accounting numbers, and (2) mostly focuses on consequences of this choice ”
What financial and non‐financial information on intangibles is value‐relevant? A review of the evidence (2008, neutral): “Some studies suggest recognition in the financial statements is a more reliable signal compared with the alternative of disclosing in the notes to the accounts (e.g. Ahmed et al., 2006).”
The Effects of IFRS 7 Adoption on Bank Disclosure in Europe (2009, background): “(2006) compare the value-relevance of derivatives recognition on the balance sheet and derivatives disclosure in the footnotes.”