Excerpt from Fundamental Factors Influencing Price Earnings Relationships: A Cross Sectional Study
The results of the paper, though a first step, will be useful to both investors, and regulators of accounting standards. By knowing the kinds of firms for which earnings are important determinants of prices and those for which they are not. Investors can better apportion their time and effort in forecasting the earnings of different firms. As a major role of accounting information is to help investors in security valuation, this study will help regulators identify situations where accounting information is inadequate for valuation and thereby focus their attention on the areas where it is most needed.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"synopsis" may belong to another edition of this title.
FREE shipping from United Kingdom to U.S.A.
Destination, rates & speedsSeller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book explores the relationship between security prices and accounting earnings by investigating the firm-specific qualities that influence it. The author analyzes earning-price relationships over time for 476 firms and discovers that factors such as research and development, extraordinary items, pension expense, intangibles, capital intensity, size, growth, accounting methods, and risk influence this relationship. The book positions this influence within the broader context of accounting research and its implications for investors and regulators. The author concludes that by understanding the factors that determine the usefulness of earnings, investors can better predict firm earnings and make informed investment decisions, while regulators can identify situations where accounting information is inadequate for valuation and focus their attention on areas where it is most needed. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330741627_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330741627
Quantity: 15 available
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330741627
Quantity: 15 available