Value-relevance of acccounting numbers for valuation

• Main Authors: Aba Ibrahim, Muliati, Bujang, Hajah Fatimah, Madi, Nero, Abu Samah, Aizimah, Ismai, Ummi Syarah, Jusoff, Kamaruzaman, Narawi, Azlina
• Format: Article
• Language: English; English
• Published: David Publishing Company, USA 2009
• Online Access: http://psasir.upm.edu.my/id/eprint/17578/1/Value.pdf; http://psasir.upm.edu.my/id/eprint/17578/

Recent empirical work suggested that the ability of accounting numbers to explain the relationship between accounting numbers and stock prices has deteriorated over the past four decades. The findings of this study suggest that the accounting earnings and book value are capturing most of the informa...