Differences in the valuation of earnings and book value: Regulation effects or industry effects?

Investigating the Effects of the EU Mandatory Adoption of IFRS on Accounting Quality: Evidence from Italy

“…Finally, consistent with the view of Ballas and Hevas (2005) who predict and document that industry classification is an important source of variation in value relevance of earnings and book value, a sectoral analysis is performed to answer the second research question: How does the IFRS adoption impact the value relevance in the different sectors? The sectoral analysis investigates how value relevance changes in the three different macro-sectors (Finance, Industry and Services) from the pre-adoption period to the post-adoption one.…”

Value relevance, earnings management and corporate governance in China

“…Prior studies examine the impact of changes of accounting information on value relevance by using the Ohlson (1995)'s price model (e.g., Aharony, Barniv and Falk, 2010;Ballas and Hevas, 2005;Bao and Chow, 1999;Barth, 1991;Burgstahler and Dichev, 1997;Eccher et al, 1996;Fang et al, 2013;Fung et al, 2010;Graham and King, 2000;Landsman, 1986;Liu et al, 2011;Liu and Liu, 2007;Wang et al, 2005). These studies focus on three main areas of value relevance: (1) the increase/decrease in value relevance of accounting information due to the application of environmental changes or new accounting standards (Aharony, Barniv and Falk., 2010;Ahmed, et al, 2006;Brown, et al, 1999;Chen, et al, 2001;Collins, et al, 1997;Fang, et al, 2013;Jaggi and Zhao, 2002;Lin and Chen, 2005;Wang, et al, 2005).…”

“…These studies focus on three main areas of value relevance: (1) the increase/decrease in value relevance of accounting information due to the application of environmental changes or new accounting standards (Aharony, Barniv and Falk., 2010;Ahmed, et al, 2006;Brown, et al, 1999;Chen, et al, 2001;Collins, et al, 1997;Fang, et al, 2013;Jaggi and Zhao, 2002;Lin and Chen, 2005;Wang, et al, 2005). For example, Collins et al (1997) (2) the impact of company/industry features (Ballas and Hevas, 2005;Francis and Schipper, 1999;Lev and Zarowin, 1999). For example, Ballas and Hevas (2005) and value relevance (Barth et al, 2008;Lang et al, 2006;Liu, et al, 2011;Paananen and Lin, 2009).…”

“…For example, Collins et al (1997) (2) the impact of company/industry features (Ballas and Hevas, 2005;Francis and Schipper, 1999;Lev and Zarowin, 1999). For example, Ballas and Hevas (2005) and value relevance (Barth et al, 2008;Lang et al, 2006;Liu, et al, 2011;Paananen and Lin, 2009). …”

A Literature Review on Ohlson (1995)

“…Myers (1999), Barth et al (1999), Canel & Morel (2001, Ota (2002), and Leccadito & Veltri (2014) ISSN 1946-052X 2017 These empirical studies were precise to empirical testing of O'95. Apart from these studies number of other studies has been done to find value relevance of accounting information in different markets with O'95 Model (Collins et al, 1997;Francis & Shipper, 1999;Brown et al, 1999;Lev &Zarowin, 1999;Kim &Kross, 2005;Ballas, &Hevas, 2005;Balachandran & Mohanram, 2011;Shrivastava, 2014).…”