Value relevance of Accounting Information and its Impact on Stock Prices: Case Study of Listed Banks at Karachi Stock Exchange
Journal of Economic Info
View Archive InfoField | Value | |
Title |
Value relevance of Accounting Information and its Impact on Stock Prices: Case Study of Listed Banks at Karachi Stock Exchange
|
|
Creator |
Shehzad, Khurram; COMSATS Institute of Information Technology
Ismail, Aisha; COMSATS Institute of Information Technology |
|
Description |
This study primary investigates the value relevance of accounting information in banking sector of Pakistan. The study employed the pooled regression technique on nineteen private banks from the period of 2008 to 2012. The findings show that earning per share is more value relevant than book values, while accounting data explains a high proportion of the stock price. The relevant information is such that it influences the economic decisions of users by helping them evaluate past, present and future events.
|
|
Publisher |
Journal of Economic Info
|
|
Contributor |
—
|
|
Date |
2014-09-01
|
|
Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
Format |
application/pdf
|
|
Identifier |
http://jei.readersinsight.net/index.php/jei/article/view/4
|
|
Source |
Journal of Economic Info; Vol 3, No 1 (2014)
|
|
Language |
eng
|
|
Relation |
http://jei.readersinsight.net/index.php/jei/article/view/4/4
|
|
Rights |
Copyright (c) 2014 Journal of Economic Info
|
|