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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2006
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| 在線閱讀: | 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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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 |
13.250246 |