Introduction In posted-offer markets the competitive outcome for a market, defined by the intersection of market supply and market demand curves, is frequently not a Nash equilibrium for the market viewed as a stage game. Rather, one or more sellers often have incentives to deviate unilaterally from the competitive outcome. A simple example illustrates. Consider a market with two sellers, S1 an...

Cement companies in Indonesia support the government’s role development of property sector. However, Covid-19 pandemic has caused problems making a profit. Therefore, main problem this study is to find out and analyze how profitability affects leverage market value with variables price earnings ratio (PER) book (PBV) as proxies. Second, knowing analyzing an intervening variable that relates eff...

this paper analyzes the relationship between capital structure and earning management. for analyzing we use 119 non-financial companies that listed in tehran stock exchange from 2000 to 2008. the researchers will focus on comparing the jones model and the modified jones model, which are the two most frequently used model in empirical analysis nowadays. earnings management is a kind of managemen...

Abstract— This study expects to determine the impact of Earnings Per Share (EPS), Current Ratio, Return On Asset (ROA), and Debt Equity Ratio (DER) towards stock price property real estate firms. The samples consist 37 property, building construction companies that were listed in Indonesia Stock Exchange period 2017–2019. Samples criteria were: on Indonesian during 2017–2019; did not suspend by...

based on valuation model of residual earnings, we cannot use earnings and losses of balance sheet items recorded in fair value for valuation purposes, for the balance sheet provides a perfect estimate of such items’ value. the purpose of this study is to examine whether net financial expenses are related to the market price of stocks in iran, because after initial recording of financial debts, ...

This paper examines the capability of Cyclically Adjusted Price to Earnings (CAPE) or Shiller’s P/E ratio, along with other relative valuation ratios such as and P/BV, predict future returns FTSE/ASE Large Cap Index, starting from development index (1997) December 2018. We have herein used several regression models in order examine relationship between above 1, 3, 5 10 years. show that, while P...

Prior studies evaluate the relative importance of the sources of value that financial analysts bring to the market based on the price impact of forecast revisions over the event time. We find that management earnings forecasts influence the timing and precision of analyst forecasts. More importantly, evidence suggests that prior studies’ finding of weaker (stronger) stock-price responses to for...