THE IMPACT OF THE GLOBAL FINANCIAL CRISIS ON THE FAIR VALUE

This study mainly aims to Identify the stages of the evolution of the global financial crisis, its causes and its consequences , explore the need to develop international standards control the fair value accounting, in order to reduce the effects of the global financial crisis and develop suggestion...

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Bibliographic Details
Published in:International journal of information, business and management business and management, 2016-11, Vol.8 (4), p.286
Main Authors: Alwan, Badir Mohammed, Samara, Abeer Ihsan
Format: Article
Language:English
Subjects:
Capital expenditures
Credit policy
Economic crisis
Empowerment
Fair value
Global economy
Hypotheses
International accounting standards
International finance
Observatories
Securities markets
Studies
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Summary:This study mainly aims to Identify the stages of the evolution of the global financial crisis, its causes and its consequences , explore the need to develop international standards control the fair value accounting, in order to reduce the effects of the global financial crisis and develop suggestions and recommendations aim at improving, development and amendment of the International Accounting Standards to reduce the effects of the global financial crisis. The researchers have concluded a set of results The psychological impact of the crisis affected the performance of Amman Financial Market Bad reputation of the investment in capital markets after the crisis affected the performance of Amman Financial Market Loss of some investors affected the performance of Amman Financial Market. The low level of organizational culture affected the performance of Amman Financial Market. The ambiguity of the duties of each function affected the performance of Amman financial market. The recommendations of the study is The need for companies to hold awareness sessions for investors on the crisis* to arrange internal economic situation by reviewing legislation, which means that the government should work on a plan includes economic reconsideration of many of the laws relate to the economy aims to ensure the safety of the national economy for a long time until improving the markets associated with the Jordanian market.
ISSN:2076-9202
2218-046X