-
This study investigates the value-relevance of earnings and book values over time for securities listed on the in Tehran Stock Exchange (TSE). Our work is motivated by recent researches about value-relevance of earnings and book values in equity valuation includings Ohlson [12], and Collins, Maydew...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2006-02-01
|
| Series: | بررسیهای حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_18447_b7c585ab317b931a8d0e20a819d1b6a1.pdf |
| _version_ | 1830281998320533504 |
|---|---|
| author | امید پورحیدری غلام رضا سلیمانی امیری محسن صفاجو |
| author_facet | امید پورحیدری غلام رضا سلیمانی امیری محسن صفاجو |
| author_sort | امید پورحیدری |
| collection | DOAJ |
| description | This study investigates the value-relevance of earnings and book values over time for securities listed on the in Tehran Stock Exchange (TSE). Our work is motivated by recent researches about value-relevance of earnings and book values in equity valuation includings Ohlson [12], and Collins, Maydew and Weiss [4]. Three set of finding are reported. First, the variable earnings have almost explanatory power in equity valuation. Second, combined value-relevance of earnings and book values is through of reported earnings. Finally, incremental value-relevance of reported earnings is higher than book value and book value has very little explanatory power in equity valuation. |
| first_indexed | 2024-12-19T02:28:59Z |
| format | Article |
| id | doaj.art-45f964dfc6444104a13a15152eb86738 |
| institution | Directory Open Access Journal |
| issn | 2645-8020 2645-8039 |
| language | fas |
| last_indexed | 2024-12-19T02:28:59Z |
| publishDate | 2006-02-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | بررسیهای حسابداری و حسابرسی |
| spelling | doaj.art-45f964dfc6444104a13a15152eb867382022-12-21T20:39:43ZfasUniversity of Tehranبررسیهای حسابداری و حسابرسی2645-80202645-80392006-02-0112418447-امید پورحیدریغلام رضا سلیمانی امیریمحسن صفاجوThis study investigates the value-relevance of earnings and book values over time for securities listed on the in Tehran Stock Exchange (TSE). Our work is motivated by recent researches about value-relevance of earnings and book values in equity valuation includings Ohlson [12], and Collins, Maydew and Weiss [4]. Three set of finding are reported. First, the variable earnings have almost explanatory power in equity valuation. Second, combined value-relevance of earnings and book values is through of reported earnings. Finally, incremental value-relevance of reported earnings is higher than book value and book value has very little explanatory power in equity valuation.https://acctgrev.ut.ac.ir/article_18447_b7c585ab317b931a8d0e20a819d1b6a1.pdfBook ValuesearningsEquity Valuation |
| spellingShingle | امید پورحیدری غلام رضا سلیمانی امیری محسن صفاجو - بررسیهای حسابداری و حسابرسی Book Values earnings Equity Valuation |
| title | - |
| title_full | - |
| title_fullStr | - |
| title_full_unstemmed | - |
| title_short | - |
| title_sort | |
| topic | Book Values earnings Equity Valuation |
| url | https://acctgrev.ut.ac.ir/article_18447_b7c585ab317b931a8d0e20a819d1b6a1.pdf |