Graham, Roger C.; Lefanowicz, Craig E.; Petroni, Kathy R. - In: Journal of Business Finance & Accounting 30 (2003-09), pp. 1065-1088
We assess the valuation implications of the fair value disclosures made for publicly traded securities accounted for under the equity method. We test the association between investors' stock price metrics and fair value disclosures while controlling for book values on a sample of 172 investor...