The Impact and Valuation of Off-Balance-Sheet Activities Concealed by Equity Method Accounting

Mark P. Bauman

45 citations0/0 files storedAccounting Horizons

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Auditing, Earnings Management, Governance Accounting Theory and Financial Reporting Risk Management in Financial Firms

Abstract

This paper reports the results of a study of the financial reporting effects of off-balance-sheet activities concealed by the equity method of accounting. The study examines footnote disclosures relating to equity method investees, offers suggestions for improving the usefulness of those disclosures, and estimates the valuation effects of information in the disclosures. An important empirical finding is that the market places significant negative values on investor-guaranteed off-balance-sheet obligations.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 45 citations exist upstream.

References

1995The information content of losses 2008Financial Accounting Standards Board (FASB)1999Equity Valuation and Negative Earnings: The Role of Book Value of Equity 2011International Accounting Standards Board (IASB)1993The analysis and use of financial statements 1995Operating Lease Accounting and the Market's Assessment of Equity Risk 1993The Effects of Recognition versus Disclosure on Shareholder Risk and Executive Compensation

Cited by

2010Determinants of the Accounting Choice between Alternative Reporting Methods for Interests in Jointly Controlled Entities 2013The valuation and reliability implications of FIN 46 for synthetic lease liabilities 2015Financializing Stakeholder Claims 2013Equity Method Investments and Sell-Side Analysts' Information Environment 2007Proportionate consolidation versus the equity method: Additional evidence on the association with bond ratings 2007The value relevance of disclosures of liabilities of equity‐accounted investees: UK evidence

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.