So, Stella; Wong, Kar Shun; Zhang, Feida; Zhang, Xu - In: China Journal of Accounting Research 11 (2018) 4, pp. 255-278
Whether proportionate consolidation (PC) or the equity method (EM) provides more informative financial statements is a controversial issue. This study uses data from listed companies in Hong Kong to investigate the value relevance of the EM compared with PC during 2005-2008 when the local...
