Fuad Rahman, Aulia; Mohd‐Saleh, Norman - In: Journal of Financial Reporting and Accounting 6 (2008) 1, pp. 75-90
objective of this study is to assess the value relevance of earnings and book value and the effect of agency problem caused by … FCF, on the value relevance of earnings and book value. As predicted, results show that earnings and book value are value … relevant and agency problem caused by FCF, reduces the value relevance of earnings and book value. However, the effect is not …