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/ http://ir.uitm.edu.my/id/eprint/2705/1/TM_ASYAARI%20ELMIZA%20AHMAD%20AC%2006_5%201.pdf

id	uitm-2705
recordtype	eprints
spelling	uitm-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.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
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/ http://ir.uitm.edu.my/id/eprint/2705/1/TM_ASYAARI%20ELMIZA%20AHMAD%20AC%2006_5%201.pdf
first_indexed	2023-09-18T22:46:29Z
last_indexed	2023-09-18T22:46:29Z
_version_	1777417259446173696

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

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