Prior research suggests that accounting information is not useful when valuing firms with large amount of intangibles (Amir and Lev (1996)). However, using R from regression of earnings and book values on prices, Collins et al. (1997) (hereafter CMW) find that value-relevance for intangible-intensive industries is as high as not intangibleintensive. An explanation for the discrepancy between Am...

This study is to test whether PSAK 71 increases value relevance of earnngs, book value, and the combination earnings for banking companies listed on Indonesia Stock Exchange period 2019 2020. The sample this was 92 companies. sampling method used in by universal with several criteria. data analysis multiple regression analysis. 
 results tests indicate that has corporate earning. also Howe...

As mentioned in Section 2.1.2, other types of financial covenants have two main forms. One type specifies an upper bound on book leverage, or analogously a lower bound on book equity (book net worth). As book equity is closely related to the accumulation of past earnings, this can be broadly viewed as a variant of EBCs. The popularity of this type of covenant has declined in the past twenty yea...

there are several methods for measuring the performance and value of a company. these are, earnings per share, earnings growth rate, dividend per share, rate of return on equity and free cash flow. the purpose of this article is to show that all these criteria have some deficiencies and will introduce a new criterion called economic value added (eva). eva is computed by subtracting capital char...

—The scope of the existing literatures about loss firms includes the value relevance of accounting earnings, the heterogeneity of the value of the loss companies, the value drivers and driving mechanism of the loss corporations and the relation between the loss reversibility and the value of the loss corporations. They found some perspectives and experiences which will benefit the valuation of ...

This paper documents that the earnings yield and book-to-price combine to predict equity returns in a way that is consistent with the rational pricing of risk. It is well known that earnings yields predict returns in the cross-section, consistent with standard formulas that show that the earnings yield equals the required return when there is no expected earnings growth beyond that from retenti...

effects of dividend policy on corporate financial growth, is a major concern of most entities. whether dividends have an influence on the value of the firm, is an important question in dividend policy. this study aimed at investigating the effects of dividend policy on financial growth of media firms. the study was conducted in nairobi at the nation media group headquarters. respondents were se...