This study examines the contribution of fundamental financial information to shareholders value in Egypt stock exchange. The sample consists of the thirty one non financial firms included in the stock market index CASE50. The results indicate that certain financial fundamentals are quite...

This study examines the effects of the accruals vs. cash flow bases on firm's MB ratio as a proxy for shareholder value. The methodology utilizes the benefits of the ‘partial adjustment model' where it addresses the extent to which the shareholder value adjusts to a target level. The final...

This study examines the informativeness of fundamental financial information to three levels of shareholder value. In general, the results show that the fundamental financial information is quite informative to shareholders using the MB ratio as a measure of shareholder value. According to the...