, such as the capital asset pricing model (CAPM). However, this model is only used for listed companies, and cannot be used … accounting beta. The main objective of this research was to explore the relationship between market beta and accounting beta … calculated using ROA, ROE and net income to demonstrate the ability of accounting beta to measure risk for unlisted companies. To …

Using seasoned equity offerings (SEOs) from 1989 to 2008, we examine the role of accounting conservatism in the equity … accounting after the equity offerings. Taken together, our findings are consistent with the argument that accounting conservatism … market. We find that issuers with a greater degree of conservatism experience less negative market reactions to SEO …

capital markets : the audit expectations gap -- Value relevance of accounting information in capital markets : the new york … relevance of accounting information in the emerging chinese stock market (revisited) -- Value relevance of accounting … the value relevance of accounting information in the italian and uk stock markets -- The determinants of stock market …