The effect of using the fair value on the rationalization of the decision to invest in securities Empirical Study on the tunisia market during the period 2000-2011
Keywords:
Fair Value, Historical Cost, Investment Dicisition, IAS 39, IAS32
Abstract
The purpose of this paper is to study the impact of the application of fair value on
rationalizing the decision to invest in securities, by comparing the information’s relevance of
accounting indicators a group which included in the for a sample of enterprises listed on the
Tunindex , between pre-fair value period (2000-2005) and the post-fair value (2006-2011). Using
models Panel Data.
This study finds out that the use of fair value has contributed to improve average earnings per share
for Tunisian enterprises, Through improvement in the information provided in accordance with
the use of fair value and that helps to rationalize the decision to invest in securities
