the purpose of this study is to examine the role relevance of fair value accounting measurement for investment in securities. Our sample is composed of Chinese listed commercial Banks from period 2006 to the end of 2008.the empirical result show that First, the positive relationship between stock market value and losses of investment ,stock market value and securities investment . Second, the explanation power of fair value measures for long-time equity investment is less than that for other items in the banking industry. Third, the explanation power of fair value measures for gains or losses is more than that for other items in the banking industry
展开▼
