Kamil Ibrahim, Muhd; Danila, Raudah; Yusoff, Haslinda; … - In: Asian Review of Accounting 10 (2002) 1, pp. 77-88
This study examines whether investors take into consideration the balance sheet numbers when determining the market value of companies. Specifically, an investigation is made of the association between the book value of equity and the value placed on the firm by the stock market. An equity...