Items related to The Equity Prices and Accounting Variables: The role...
The Equity Prices and Accounting Variables: The role of the most recent prior period's price in value relevance studies - Softcover
Considering reformulation of the Ohlson (1995) model, this book demonstrates how to improve the empirical specification of value relevance models that explore the relevance of accounting information by accommodating the most recent prior period’s equity price as an additional explanatory variable. When the model specification is improved by including the most recent prior period’s price as an additional explanatory variable, current trailing earnings are shown to be at best marginally value relevant when empirically explaining share prices in value relevance regression models. This book also demonstrates that inclusion of the most recent prior period’s price as an additional explanatory variable eliminates the scale problem in value relevance models whereby the scale (or size) of dependent and independent variables in value relevance studies affects the apparent explanatory power of the models. Therefore, this book specifically indicates that value relevance studies that use the Ohlson (1995) model should use, for econometric reasons, change in price or else returns, not the price level, as the dependent variable.
"synopsis" may belong to another edition of this title.
About the Author:
Dr.S.Senthilnathan has diverse knowledge with the skills for knowledge dissemination and administration, and written a number of articles in many subjects, such as in Organizational Behaviour and Management, Economics, Marketing and Finance, in particular. He has wide experience in teaching Management, Statistics and Finance related subjects.
"About this title" may belong to another edition of this title.
- PublisherLAP LAMBERT Academic Publishing
- Publication date2012
- ISBN 10 3659103721
- ISBN 13 9783659103728
- BindingPaperback
- Number of pages188
Buy New
Learn more about this copy
US$ 69.55
Shipping:
US$ 3.99
Within U.S.A.
Top Search Results from the AbeBooks Marketplace
Stock Image
The Equity Prices and Accounting Variables: The role of the most recent prior period's price in value relevance studies
Published by
LAP LAMBERT Academic Publishing
(2012)
ISBN 10: 3659103721
ISBN 13: 9783659103728
New
Softcover
Quantity: > 20
Seller:
Rating
Book Description Condition: New. Seller Inventory # ABLIING23Mar3113020262315
Buy New
US$ 69.55
Convert currency
Stock Image
The Equity Prices and Accounting Variables
Published by
LAP Lambert Academic Publishing
(2012)
ISBN 10: 3659103721
ISBN 13: 9783659103728
New
Softcover
Quantity: > 20
Seller:
Rating
Book Description Condition: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book. Seller Inventory # ria9783659103728_lsuk
Buy New
US$ 77.19
Convert currency
Stock Image
The Equity Prices and Accounting Variables The role of the most recent prior period's price in value relevance studies
Published by
LAP LAMBERT Academic Publishing
(2012)
ISBN 10: 3659103721
ISBN 13: 9783659103728
New
PAP
Quantity: > 20
Seller:
Rating
Book Description PAP. Condition: New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # L0-9783659103728
Buy New
US$ 95.65
Convert currency
Seller Image
The Equity Prices and Accounting Variables
Published by
LAP LAMBERT Academic Publishing Mai 2012
(2012)
ISBN 10: 3659103721
ISBN 13: 9783659103728
New
Taschenbuch
Quantity: 2
Seller:
Rating
Book Description Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Considering reformulation of the Ohlson (1995) model, this book demonstrates how to improve the empirical specification of value relevance models that explore the relevance of accounting information by accommodating the most recent prior period s equity price as an additional explanatory variable. When the model specification is improved by including the most recent prior period s price as an additional explanatory variable, current trailing earnings are shown to be at best marginally value relevant when empirically explaining share prices in value relevance regression models. This book also demonstrates that inclusion of the most recent prior period s price as an additional explanatory variable eliminates the scale problem in value relevance models whereby the scale (or size) of dependent and independent variables in value relevance studies affects the apparent explanatory power of the models. Therefore, this book specifically indicates that value relevance studies that use the Ohlson (1995) model should use, for econometric reasons, change in price or else returns, not the price level, as the dependent variable. 188 pp. Englisch. Seller Inventory # 9783659103728
Buy New
US$ 74.96
Convert currency
Seller Image
The Equity Prices and Accounting Variables : The role of the most recent prior period's price in value relevance studies
Published by
LAP LAMBERT Academic Publishing
(2012)
ISBN 10: 3659103721
ISBN 13: 9783659103728
New
Taschenbuch
Quantity: 1
Seller:
Rating
Book Description Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Considering reformulation of the Ohlson (1995) model, this book demonstrates how to improve the empirical specification of value relevance models that explore the relevance of accounting information by accommodating the most recent prior period s equity price as an additional explanatory variable. When the model specification is improved by including the most recent prior period s price as an additional explanatory variable, current trailing earnings are shown to be at best marginally value relevant when empirically explaining share prices in value relevance regression models. This book also demonstrates that inclusion of the most recent prior period s price as an additional explanatory variable eliminates the scale problem in value relevance models whereby the scale (or size) of dependent and independent variables in value relevance studies affects the apparent explanatory power of the models. Therefore, this book specifically indicates that value relevance studies that use the Ohlson (1995) model should use, for econometric reasons, change in price or else returns, not the price level, as the dependent variable. Seller Inventory # 9783659103728
Buy New
US$ 74.96
Convert currency
Stock Image
The Equity Prices and Accounting Variables The role of the most recent prior period's price in value relevance studies
Published by
LAP LAMBERT Academic Publishing
(2012)
ISBN 10: 3659103721
ISBN 13: 9783659103728
New
PAP
Quantity: > 20
Seller:
Rating
Book Description PAP. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # L0-9783659103728
Buy New
US$ 79.68
Convert currency
Seller Image
The Equity Prices and Accounting Variables
Published by
LAP LAMBERT Academic Publishing
(2012)
ISBN 10: 3659103721
ISBN 13: 9783659103728
New
Kartoniert / Broschiert
Quantity: > 20
Seller:
Rating
Book Description Kartoniert / Broschiert. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Senthilnathan SamithambyDr.S.Senthilnathan has diverse knowledge with the skills for knowledge dissemination and administration, and written a number of articles in many subjects, such as in Organizational Behaviour and Management, E. Seller Inventory # 5131537
Buy New
US$ 60.87
Convert currency