Using monthly data from 01/1985 to 12/2012, we find that the accounting valuation-based predictor introduced in Lee … the accounting valuation-based predictor does not suffer the problem of instable in-sample and poor out … the accounting valuation-based predictor, suggesting that the accounting valuation-based predictor carries information not …

The research is aimed at verifying the value relevance of accounting information with reference two different stock …, evidence shows the greater value relevance of accounting information in Italy than in the UK, even if this result must be … accounting data refer to earnings while in the UK the focus is mainly on cash flows …

We address how value relevance of accounting information evolved as the new economy developed. Prior research concludes … accounting information—primarily earnings—has lost relevance. We consider more accounting amounts and find no decline in combined … price and accounting information that reflects the new economy …

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 …