Relative value relevance of historical cost vs. fair value: Evidence from bank holding companies

By Inder K. Khurana, Myungsun Kim. 2003

182 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5e500b212a623d737f8371b833029272998a3744

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Leif Atle Beisland
2. F. Avallone
3. A. Quagli

In Strategy and Management

1. Leif Atle Beisland
2. F. Avallone
3. A. Quagli

Citations in the corpus

• Fair Value or Cost Model? Drivers of Choice for IAS 40 in the Real Estate Industry (2010, background): “3Through analytical models (Reis and Stocken, 2007; Plantin et al., 2008) and empirical evidence (Khurana and Kim, 2003), a stronger value relevance of the fair value model is supported vs. the cost model when fair values are obtained from liquid markets.”
• A Review of the Value Relevance Literature (2009, background): “However, Khurana and Kim [119] also find that for small bank holding companies and companies with no analysts following, historical cost measures of loans and deposits are more informative than fair values.”