Corporate Financial Reporting on Websites: Evidence from India

Empirical evaluation of value relevance of accounting information on share prices of listed service companies in Nigeria

“…According to Oyerinde (2009) [19] , market share price is the price which the market assigns to the company's stocks. Prior studies, (Karpaagavalli & Nirmala, 2014; Shobhana & Karpagavalli, 2011, Sharma, 2011) [12,26,24] adapted market share price computed by considering within a financial period the average of lowest and highest market values of the entity's share. In another view, Anita and Yadav (2014) [3] adopted closing market value during the year end as proxy for the market share prices.…”

The Value Relevance of Accounting and Financial Information in Stock Returns: The Case of Jordanian Commercial Banks

“…Some of the previous studies researched the value relevance of both financial and nonfinancial information in high-tech industries, such as Abayadeera (2010) who used a sample of (91) companies running through various industries in several sectors in Australia and concluded that value relevance declined in earning and increased in book value. Moreover,Lev and Zarowin (1999),Core et al (2003),Vishnani and Shah (2008),Kormendi and Lipe (1987) andSharma et al (2012) studied the subject and indicated a drop in value relevance of accounting information.Moreover,Tahat et al (2021) examined the relationship between a firm's financial statements and its share price for non-financial firms listed in Amman Stock Exchange over the period(2012)(2013)(2014)(2015)(2016). They suggested that investors consider the value of accounting information when making their investment decisions and that accounting measures can help explain variations in a firm's market value over the long run.…”