Staff View: Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad

Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad

This study examines the changes in the value relevance and the effect of Asian financial crisis towards the explanatory power for both the accounting variables. By employing Ohlson's (1995) market valuation models, the results obtained are consistent with the prediction that there are mixed...

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Main Author:	Ahmad, Asyaari Elmiza
Format:	Thesis
Language:	English
Published:	2006
Subjects:	Auditing. Auditors HG Finance Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
Online Access:	http://ir.uitm.edu.my/id/eprint/2705/1/TM_ASYAARI%20ELMIZA%20AHMAD%20AC%2006_5%201.pdf http://ir.uitm.edu.my/id/eprint/2705/
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id	my.uitm.ir.2705
record_format	eprints
spelling	my.uitm.ir.27052016-07-26T01:27:08Z http://ir.uitm.edu.my/id/eprint/2705/ Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad Ahmad, Asyaari Elmiza Auditing. Auditors HG Finance Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure This study examines the changes in the value relevance and the effect of Asian financial crisis towards the explanatory power for both the accounting variables. By employing Ohlson's (1995) market valuation models, the results obtained are consistent with the prediction that there are mixed evidence of value relevance for earnings and book value of equity. The findings suggest that the value relevance of earnings and book value of equity are neither declining nor inclining for the Malaysian main board listed firms. This study also reveals that the value relevance of book value of equity is significantly larger than accounting earnings during the Asian financial crisis in 1997 and 1998. The findings are consistent with the prediction of prior studies that book value of equity is more relevant as compared to earnings in the event of financial difficulties facing the firms. As a conclusion, this study presents the evidence that the financial reporting systems in Malaysia are still relevant for the investors in the valuation of the market share prices. 2006 Thesis NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/2705/1/TM_ASYAARI%20ELMIZA%20AHMAD%20AC%2006_5%201.pdf Ahmad, Asyaari Elmiza (2006) Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad. Masters thesis, Universiti Teknologi MARA.
institution	Universiti Teknologi Mara
building	Tun Abdul Razak Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Mara
content_source	UiTM Institutional Repository
url_provider	http://ir.uitm.edu.my/
language	English
topic	Auditing. Auditors HG Finance Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
spellingShingle	Auditing. Auditors HG Finance Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure Ahmad, Asyaari Elmiza Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad
description	This study examines the changes in the value relevance and the effect of Asian financial crisis towards the explanatory power for both the accounting variables. By employing Ohlson's (1995) market valuation models, the results obtained are consistent with the prediction that there are mixed evidence of value relevance for earnings and book value of equity. The findings suggest that the value relevance of earnings and book value of equity are neither declining nor inclining for the Malaysian main board listed firms. This study also reveals that the value relevance of book value of equity is significantly larger than accounting earnings during the Asian financial crisis in 1997 and 1998. The findings are consistent with the prediction of prior studies that book value of equity is more relevant as compared to earnings in the event of financial difficulties facing the firms. As a conclusion, this study presents the evidence that the financial reporting systems in Malaysia are still relevant for the investors in the valuation of the market share prices.
format	Thesis
author	Ahmad, Asyaari Elmiza
author_facet	Ahmad, Asyaari Elmiza
author_sort	Ahmad, Asyaari Elmiza
title	Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad
title_short	Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad
title_full	Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad
title_fullStr	Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad
title_full_unstemmed	Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad
title_sort	value relevance of earnings and book value of equity in malaysia / asyaari elmiza ahmad
publishDate	2006
url	http://ir.uitm.edu.my/id/eprint/2705/1/TM_ASYAARI%20ELMIZA%20AHMAD%20AC%2006_5%201.pdf http://ir.uitm.edu.my/id/eprint/2705/
_version_	1685648185410715648
score	13.211869

Value relevance of earnings and book value of equity in Malaysia / Asyaari Elmiza Ahmad

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