The value relevance of book value, earnings, and dividends to stock valuation in the Jordanian capital market
Joint Authors
Maghyirah, Aktham
Omet, Ghassan
Source
Issue
Vol. 8, Issue 1 (30 Apr. 2002), pp.89-102, 14 p.
Publisher
Al al-Bayt University Deanship of Academic Research and Graduate Studies
Publication Date
2002-04-30
Country of Publication
Jordan
No. of Pages
14
Main Subjects
Economy and Commerce
Financial and Accounting Sciences
Topics
Abstract EN
-This study provides an empirical examination of whether investors in the Jordanian capital market perceive accounting information to be useful in stock valuation.
In addition, this paper compares the value relevance of book value and dividends versus book value and reported earnings.
Using a sample of industrial companies over the period 1991-1999.
The researchers obtained evidence of value relevance of accounting information.
Specifically, the researchers arrived at the following conclusions.
First, book value is the most value relevant factor.
Second, dividends and earnings have almost identical explanatory power.
Third, book value and earnings are more relevant than book value and dividends.
American Psychological Association (APA)
Maghyirah, Aktham& Omet, Ghassan. 2002. The value relevance of book value, earnings, and dividends to stock valuation in the Jordanian capital market. Al-Manarah،Vol. 8, no. 1, pp.89-102.
https://search.emarefa.net/detail/BIM-168572
Modern Language Association (MLA)
Maghyirah, Aktham& Omet, Ghassan. The value relevance of book value, earnings, and dividends to stock valuation in the Jordanian capital market. Al-Manarah Vol. 8, no. 1 (Apr. 2002), pp.89-102.
https://search.emarefa.net/detail/BIM-168572
American Medical Association (AMA)
Maghyirah, Aktham& Omet, Ghassan. The value relevance of book value, earnings, and dividends to stock valuation in the Jordanian capital market. Al-Manarah. 2002. Vol. 8, no. 1, pp.89-102.
https://search.emarefa.net/detail/BIM-168572
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 98-102
Record ID
BIM-168572