The value relevance of accounting disclosures among listed Nigerian firms: IFRS adoption

Document Type: Research Paper

Authors

1 Department of Accounting Federal Polytechnic, Birnin Kebbi, Kebbi State, Nigeria

2 Department of Accounting University Utara Malaysia, Sintok Kedah, Malaysia

Abstract

This study determined the value relevance of assets and liabilities after the adoption of IFRS among listed Nigerian firms. Ohlson Model (1995) model of stock price regressions tested the relationship between assets and liabilities with the stock price, which has been widely adopted by accounting researchers. A sample of 126 firms listed in Nigeria stock market is used for the study. Data is collected from Thomson Reuters and Bank Scope Data Streams for non-financial and financial firms, respectively. The findings provide empirical evidence, established on unique Nigerian environment, statistical significance difference on the value relevance of assets, and liabilities prepared and disclosed under IFRS. Robustness test, as well as yearly trend analysis, produce collaborating evidence. The significance of the study’s findings presents statistical significance value relevance increase based on the unique Nigerian adoption of IFRS as an emerging market.
 

Keywords

Main Subjects


Article Title [Persian]

مربوط‌بودن ارزش اطلاعات افشای حسابداری بین شرکت‌های بورسی نیجریه: پذیرش استانداردهای بین‌المللی گزارشگری مالی

Authors [Persian]

  • محمدیوسف الکالی 1 2
  • نور اسما لوده 2
1 گروه حسابداری دانشگاه پلی‌تکنیک فدرال، بیرنین کبی، استان کبی، نیجریه | گروه حسابداری دانشگاه اوتارا مالزی، سینتوک، کداح، مالزی
2 گروه حسابداری دانشگاه پلی‌تکنیک فدرال، بیرنین کبی، استان کبی، نیجریه | گروه حسابداری دانشگاه اوتارا مالزی، سینتوک، کداح، مالزی
Abstract [Persian]

این مطالعه مربوط‌بودن ارزش اطلاعات دارایی‌ها و بدهی‌ها بعد از پذیرش استانداردهای بین‌المللی گزارشگری مالی در شرکت‌های بورسی نیجریه‌ای را تعیین می‌کند. برای سنجش رابطة بین دارایی‌ها و بدهی‌ها با قیمت سهام، مدل اولسون (1995) استفاده شده است که به‌صورت وسیعی پژوهشگران حسابداری آن را پذیرفته‌اند. نمونه‌ای از 126 شرکت پذیرفته‌شده در بورس اوراق بهادار نیجریه مطالعه شد. داده‌های شرکت‌های غیرمالی و شرکت‌های مالی به‌ترتیب از تامسون رویترز و بانک اسکوپ دیتا استریم جمع‌آوری شد. این یافته‌ها در محیط منحصربه فرد نیجریه، شواهدی تجربی ارائه می‌کند که نشان‌دهندة تفاوت معنادار آماری در مربوط‌بودن ارزش دارایی‌ها و بدهی‌های آماده و افشاشده تحت استانداردهای بین‌المللی گزارشگری مالی است. آزمون استحکام، همچنین تجزیه‌وتحلیل روند سالانه نشان‌دهندة شواهد مشترک است. یافته‌های معنادار مطالعه نشان‌دهندة افزایش آماری معنادار در محیط منحصربه فرد بازار در حال ظهور نیجریه در پذیرش استانداردهای بین‌المللی گزارشگری مالی است.

Keywords [Persian]

  • استانداردهای بین‌المللی گزارشگری مالی
  • افشا
  • بدهی‌ها
  • دارایی‌ها
  • مربوط‌بودن ارزش اطلاعات
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