The study first reviews the results of major international research projects on the connection of accounting information and market price of companies, then presents experiences of the empirical analysis carried out by the author. The analysis has been done by the author on a data set of the...

This paper presents a new way of measuring residual income, originally introduced by Magni (2000a, 2000b, 2003). Contrary to the standard residual income, the capital charge is equal to the capital lost by investors. The lost capital may be viewed as (a) the foregone capital, (b) the capital...

The purpose of this study is to examine that the earnings components and banking efficiency are relevant to the market value of the banks or not. Testing the relationship we used DEA for the banking efficiency and regression model is estimated because it is panel study we used Common effect,...

This paper presents a new way of measuring residual income, originally introduced by Magni (2000a, 2000b, 2003). Contrary to the standard residual income, the capital charge is equal to the capital lost by investors. The lost capital may be viewed as (a) the foregone capital, (b) the capital...

The study based on a sample of 61 UAE listed companies examines the determinants of value creation. Size in terms of total assets of a firm is inversely related to value creation. Value as measured by market to book value of equity is negatively related to the size measured by total assets....

The main topic of the paper is a study of Katerina Hellström. Author of the study engages in testing of value relevance in transition economy – in the Czech Republic during the years 1994-2001. The test demonstrated less value relevance in the Czech Republic in comparison of Sweden and also...

We examine the premium/discount firm characteristic that fundamentally affects the value relevance of two key accounting line items, earnings and book values. We argue that from the perspective of both the residual income and option-style valuation models, the relative valuation roles of...

We examine the long-run relationship between market value, book value, and residual income in the Ohlson (Contemp Acc Res 11(2):661–687, <CitationRef CitationID="CR27">1995</CitationRef>) model. In particular, we test if market value is cointegrated with book value and residual income in light of their non-stationary behaviors. We find...</citationref>

Share price determination is a contradictory task, affected by lots of factors. However some methods and techniques under different schools of thought have been developed for this purpose. Study reviews the important factors and philosophical developments on the subject. It discusses...

This article investigates the relationship between subscription rate and aftermarket volatility for IPOs issued in India during the period 2002–12. The empirical findings corroborate the evidence that subscription rate is a good indicator of aftermarket volatility for the IPO stocks. This...