TY  - JOUR
T1  - Decision usefulness of whole-asset operating lease capitalizations
JF  - Advances in Accounting
Y1  - 2013
A1  - Graham,Roger
A1  - King,Raymond
KW  - Accounting
VL  - 29
CP  - 1
U2  - a
U4  - 33902987265
ID  - 33902987265
ER  - 

TY  - JOUR
T1  - The Value Relevance of Accounting Information During a Financial Crises:  Thailand and the 1997 Decline in Value of the Baht
JF  - Journal of International Financial Management and Accounting
Y1  - 2000
A1  - Graham,Roger
A1  - King,Raymond
A1  - Bailes,Jack
KW  - Accounting
AB  - This study addresses whether the financial turmoil surrounding the devaluation of the baht affected the value relevance of Thai accounting information. Our results suggest a decline in the value relevance of Thai book values and earnings following the devaluation. Prior to mid 1997 the Bank of Thailand pegged the value of the baht to a basket of currencies of which 80% was weighted to the US dollar. In response to pressure by currency speculators the bank abandoned its peg on July 2 1997 in favor of a managed float. The devaluation was followed by volatile exchange rates. The change in value relevance of accounting information after the devaluation may be attributable to the initial recognition of foreign exchange losses and the subsequent recognition of foreign exchange gains as exchange rates fell and then recovered.
VL  - 11
CP  - 2
U2  - a
U4  - 644464640
ID  - 644464640
ER  -