Chourou, Lamia - In: Journal of business ethics : JBE 162 (2020) 3, pp. 675-697
This study examines whether religiosity is associated with the valuation multiples investors assign to fair … individuals. Additional tests show that the positive association between religiosity and value relevance of fair-valued assets is … ownership, and lower analyst following. The results of this study suggest that investors perceive the role played by religiosity …