Purpose – This study aims to test empirically the validity of the accounting valuation model that is based on earnings and book values for loss-reporting firms under a conservative accounting regime. Design/methodology/approach – The empirical tests are performed by employing returns models...

Purpose – This study aims to test empirically the validity of the accounting valuation model that is based on earnings and book values for loss‐reporting firms under a conservative accounting regime. Design/methodology/approach – The empirical tests are performed by employing returns...

Purpose -This paper seeks to deal with the problem of the anomalous negative price-earnings relation for firms listed in the Athens Stock Exchange (ASE). Design/methodology/approach -The simple earnings capitalization model is employed to investigate the association between price and earnings...

Purpose – This paper seeks to deal with the problem of the anomalous negative price‐earnings relation for firms listed in the Athens Stock Exchange (ASE). Design/methodology/approach – The simple earnings capitalization model is employed to investigate the association between price and...