Value Relevance of Investment Properties’ Fair Value and Board Characteristics in Malaysian Real Estate Investment Trusts

Mei, Zi Tan; Hassan, Mohamat Sabri; Embong, Zaini

doi:10.17576/ajag-2014-5-01

Cited by 1 publication

(1 citation statement)

References 25 publications

(45 reference statements)

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“…It doesn't refer to property which is held for use in the production, supply of goods, for administration or held for sale in the ordinary course of business (IAS 40, 5). Investment property is initially measured at its cost, with the transaction costs included in initial measurement (IAS 40,20). When it comes to measurement after recognition, company can choose between the cost model and fair value model.…”

Section: Accounting Treatment Of Investment Properties Under Ias40mentioning

confidence: 99%

Does the Application of Investment Properties’ Measurement Models Affect the Profitability of the Company? – The Case of Insurance Companies in Croatia?

Perčević,

Ercegović

2023

Proceedings of the 7th International Conference on Management, Economics and Finance

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The aim of this research is to determine to what extent a particular model of measurement of investment in properties is applied in insurance companies in Croatia, and to investigate whether the application of a particular model affects the profitability of insurance companies. The research refers to the period from 2017 to 2021, and is conducted on 11 insurance companies that have recognized investments in real estate in their financial reports. In order to implement the research objectives, descriptive statistical methods were applied. The research results showed that 6 out of 11 insurance companies apply the cost model, while 5 insurance companies apply the fair value model. Insurance companies that apply the fair value model hold 56.17% of the total assets of all insurance companies in Croatia. Furthermore, the research results showed that insurance companies that applied the fair value model achieved higher profitability (measured by the ratio of return on assets) compared to the profitability of the entire insurance sector and the profitability of those insurance companies that applied the cost model. Finally, the research results indicated that the application of the fair value model in measuring investment properties has a greater effect on the profitability of insurance companies in Croatia than the application of the cost model.

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Section: Accounting Treatment Of Investment Properties Under Ias40mentioning

confidence: 99%

Does the Application of Investment Properties’ Measurement Models Affect the Profitability of the Company? – The Case of Insurance Companies in Croatia?

Perčević,

Ercegović

2023

Proceedings of the 7th International Conference on Management, Economics and Finance

View full text Add to dashboard Cite

show abstract

Value Relevance of Investment Properties’ Fair Value and Board Characteristics in Malaysian Real Estate Investment Trusts

Abstract: Prior studies in

Cited by 1 publication

References 25 publications

Does the Application of Investment Properties’ Measurement Models Affect the Profitability of the Company? – The Case of Insurance Companies in Croatia?

Does the Application of Investment Properties’ Measurement Models Affect the Profitability of the Company? – The Case of Insurance Companies in Croatia?

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