This paper investigates whether, and if so, to what extent, Level 3 fair values disclosed by European banks provide …-year observations from European banks reporting under IFRS, in contrast to previous research conducted in the US, we find no overall … reflected in firm value. Further analyses suggest that this effect is driven predominantly by banks that operate in market …

prices of banks and financial institutions listed in the Tunisian stock exchange. Design/methodology/approach Using a sample … of available banks and financial institutions listed in the Tunisian Stock Exchange from 2010 to 2015, this paper …-end as a dependent variable. This study uses the panel regression technique on 24 banks and financial institutions during the …

of 83 European banks from 2005-2008 is analyzed. The authors employ a regression model in which the stock price …). Findings – Book values and earnings affect banks' market values. Investors appreciate the difference between loan book and fair … values, and attribute to this difference an expected negative value. Furthermore, the control variable for banks …

banks listed on the Warsaw Stock Exchange over the period 1998–2012. Given the specificity of banking sector, the analyses … value relevance of both book values of equity and residual incomes of banks after introduction of IFRS is statistically …

of 83 European banks from 2005‐2008 is analyzed. The authors employ a regression model in which the stock price …). Findings – Book values and earnings affect banks' market values. Investors appreciate the difference between loan book and fair … values, and attribute to this difference an expected negative value. Furthermore, the control variable for banks …

This paper investigates whether, and if so, to what extent, Level 3 fair values disclosed by European banks provide …-year observations from European banks reporting under IFRS, in contrast to previous research conducted in the US, we find no overall … reflected in firm value. Further analyses suggest that this effect is driven predominantly by banks that operate in market …