search query: @author Gaeremynck, A. / total: 4
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| Author: | Gaeremynck, A. Veugelers, R. |
| Title: | The revaluation of assets as a signalling device: a theoretical and an empirical analysis |
| Journal: | Accounting and Business Research
1999 : SPRING, VOL. 29:2, p. 123-138 |
| Index terms: | ACCOUNTING RESEARCH SIGNALING REVALUATION |
| Language: | eng |
| Abstract: | In many countries, firms can choose whether or not to report a revaluation in the financial statements. An analytical model is developed to indicate conditions in which it is more likely that successful firms will choose not to revalue assets as a credible signal to potential investors. These industry settings include a high variance in performance and low equity-to-debt ratios. The empirical results for Belgium confirm that successful firms are less likely to revalue assets in those industries. |
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