연구정보
THE VALUE RELEVANCE OF FINANCIAL INFORMATION UNDER THE INFLUENCE OF COUNTRY RISKS. THE CASE OF THE INDIAN LISTED COMPANIES
인도 국외연구자료 기타 IOAN-BOGDAN ROBU, Mihai CARP, Costel ISTRATE, CRISTIAN POPESCU, MIHAELA-ALINA ROBU Review of Economic and Business Studies (REBS) 발간일 : 2016-12-15 등록일 : 2017-03-28 원문링크
In the decision-making process investors need quality financial information based on reported accounting numbers. Such numbers are present in financial statements and must meet a series of fundamental characteristics, such as relevance and faithful representation. The present paper aims to analyse and assess the value relevance of financial information on the financial market in India under the influence of the main country risk components (i.e. economic risk and freedom to set up businesses, corruption control, financial, fiscal, monetary and investment freedom). The research was carried out on a sample of companies listed on the regulated market in India between 2006 and 2014. The results of applying general linear models have shown that, over time, the country risk can have a significant influence on the value relevance of the financial statements reported at the financial market level.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
이전글 | Oil Price Rise and the Great Recession of 2008 | 2017-03-28 |
---|---|---|
다음글 | Turning Points in the Lives of Chinese and Indian Women Leaders Working toward S... | 2017-03-28 |