Matches in SemOpenAlex for { <https://semopenalex.org/work/W2742520797> ?p ?o ?g. }
- W2742520797 endingPage "1331" @default.
- W2742520797 startingPage "1297" @default.
- W2742520797 abstract "Abstract Investors and analysts are designated as the primary users of financial reports by standard setters, yet we know very little about their use of accounting information and about their relationship with standard setters. This paper explores how investors and analysts evaluate the usefulness of fair values to their work. Standard setters typically presume that investors and analysts view accounting as a practice of valuation and, therefore, favor the greater use of fair value measurement. However, using interview evidence, it is shown here that investors and analysts expect accounting to provide them with insights into the performance of a business, and are quite cautious about the limits of using fair values in financial reports. Overall, the paper contributes to a better understanding of the relationship between accounting and its users. It adds specifically to research which has analyzed the disconnect between users and standard setters in terms of standard setters ignoring user needs (Young ), and in terms of users being indifferent about, or uncritical of, outcomes of standard‐setting processes (Durocher, Fortin, and Cote ; Durocher and Gendron ). The paper suggests a re‐theorization of the disconnect between the two groups that involves thinking away from tension, or blame. Drawing on the work of David Stark ( ), the situation observed is conceptualized as one of “dissonance,” where the different ways of evaluating fair values coexist without being involved in a fierce contest. That is, even though the principles of valuation and performance differ, this difference does not lead to open disagreement and political lobbying from investors and analysts. Consequences of this dissonance to our understandings of the (absence of) worth of fair values in capital markets are discussed." @default.
- W2742520797 created "2017-08-17" @default.
- W2742520797 creator A5010338460 @default.
- W2742520797 date "2017-12-12" @default.
- W2742520797 modified "2023-10-11" @default.
- W2742520797 title "The Worth of Fair Value Accounting: Dissonance between Users and Standard Setters" @default.
- W2742520797 cites W1033158315 @default.
- W2742520797 cites W1485048736 @default.
- W2742520797 cites W1533724896 @default.
- W2742520797 cites W1537281228 @default.
- W2742520797 cites W1562773932 @default.
- W2742520797 cites W1571972293 @default.
- W2742520797 cites W1575259419 @default.
- W2742520797 cites W1966591472 @default.
- W2742520797 cites W1968209896 @default.
- W2742520797 cites W1971615649 @default.
- W2742520797 cites W1976957830 @default.
- W2742520797 cites W1984180856 @default.
- W2742520797 cites W1984596072 @default.
- W2742520797 cites W1989343293 @default.
- W2742520797 cites W1989789312 @default.
- W2742520797 cites W1990407237 @default.
- W2742520797 cites W1990786254 @default.
- W2742520797 cites W1990793844 @default.
- W2742520797 cites W1991875906 @default.
- W2742520797 cites W1995132963 @default.
- W2742520797 cites W2004895885 @default.
- W2742520797 cites W2008445860 @default.
- W2742520797 cites W2015299788 @default.
- W2742520797 cites W2015530648 @default.
- W2742520797 cites W2021998775 @default.
- W2742520797 cites W2023214626 @default.
- W2742520797 cites W2027356662 @default.
- W2742520797 cites W2030401014 @default.
- W2742520797 cites W2035272243 @default.
- W2742520797 cites W2037093479 @default.
- W2742520797 cites W2039277305 @default.
- W2742520797 cites W2039782642 @default.
- W2742520797 cites W2043004334 @default.
- W2742520797 cites W2043737811 @default.
- W2742520797 cites W2048712276 @default.
- W2742520797 cites W2059718653 @default.
- W2742520797 cites W2062985325 @default.
- W2742520797 cites W2069688897 @default.
- W2742520797 cites W2073555424 @default.
- W2742520797 cites W2076574126 @default.
- W2742520797 cites W2079302313 @default.
- W2742520797 cites W2080646366 @default.
- W2742520797 cites W2089862662 @default.
- W2742520797 cites W2091949616 @default.
- W2742520797 cites W2092971171 @default.
- W2742520797 cites W2095843622 @default.
- W2742520797 cites W2096559165 @default.
- W2742520797 cites W2097448303 @default.
- W2742520797 cites W2099043095 @default.
- W2742520797 cites W2100755584 @default.
- W2742520797 cites W2111715863 @default.
- W2742520797 cites W2117328194 @default.
- W2742520797 cites W2118899742 @default.
- W2742520797 cites W2120297221 @default.
- W2742520797 cites W2134096661 @default.
- W2742520797 cites W2137658892 @default.
- W2742520797 cites W2148263350 @default.
- W2742520797 cites W2150518851 @default.
- W2742520797 cites W2152527399 @default.
- W2742520797 cites W2154763131 @default.
- W2742520797 cites W2165901624 @default.
- W2742520797 cites W2167919564 @default.
- W2742520797 cites W2184097891 @default.
- W2742520797 cites W2236716785 @default.
- W2742520797 cites W2247649312 @default.
- W2742520797 cites W2254670458 @default.
- W2742520797 cites W2302072927 @default.
- W2742520797 cites W2304162224 @default.
- W2742520797 cites W2313642121 @default.
- W2742520797 cites W2344528697 @default.
- W2742520797 cites W2461280790 @default.
- W2742520797 cites W2481438584 @default.
- W2742520797 cites W2506824403 @default.
- W2742520797 cites W2507050018 @default.
- W2742520797 cites W2524943735 @default.
- W2742520797 cites W2588831772 @default.
- W2742520797 cites W2909082987 @default.
- W2742520797 cites W3122050871 @default.
- W2742520797 cites W3122400457 @default.
- W2742520797 cites W3122917065 @default.
- W2742520797 cites W3122936654 @default.
- W2742520797 cites W3123105456 @default.
- W2742520797 cites W3123109308 @default.
- W2742520797 cites W3123478659 @default.
- W2742520797 cites W3123564588 @default.
- W2742520797 cites W3123717347 @default.
- W2742520797 cites W3123897923 @default.
- W2742520797 cites W3124108448 @default.
- W2742520797 cites W3124585060 @default.
- W2742520797 cites W3124996420 @default.
- W2742520797 cites W3125145096 @default.
- W2742520797 cites W3125171159 @default.