The effect of using the fair value on the rationalization of the decision to invest in securities Empirical

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