In this paper we investigate the value relevance of accounting information for the Greek listed companies for the period 1995-2009. For our purpose we examine the way that two accounting variables, earnings and book value, affect the share price. According to our findings from the statistical...

Whether fair value accounting should be used in financial reporting has been the subject of debate for many years. A key dimension to this debate is whether fair value earnings can provide information to financial statement users that is helpful in making their economic decisions. A criticism of...